Telecom Italia S.P.A. (OTCMKTS:TIIAY - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $4.90 and last traded at $4.90, with a volume of 3480 shares. The stock had previously closed at $4.83.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. New Street Research lowered Telecom Italia from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. BNP Paribas upgraded Telecom Italia from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 10th. Finally, Berenberg Bank upgraded Telecom Italia to a "strong-buy" rating in a research report on Thursday, June 26th. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Telecom Italia presently has an average rating of "Buy".
View Our Latest Analysis on TIIAY
Telecom Italia Stock Down 0.6%
The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 0.65. The company's 50-day moving average price is $4.27 and its 200-day moving average price is $3.38.
About Telecom Italia
(
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Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.
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