Shares of Telecom Italia S.P.A. (OTCMKTS:TIIAY - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $8.03 and last traded at $8.03, with a volume of 306 shares. The stock had previously closed at $7.76.
Wall Street Analyst Weigh In
Several research analysts have commented on TIIAY shares. Deutsche Bank Aktiengesellschaft downgraded shares of Telecom Italia from a "buy" rating to a "hold" rating in a research note on Friday, February 20th. Barclays restated an "overweight" rating on shares of Telecom Italia in a report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".
Read Our Latest Analysis on Telecom Italia
Telecom Italia Trading Up 3.0%
The firm's fifty day moving average is $7.39 and its two-hundred day moving average is $6.67. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 0.61.
About Telecom Italia
(
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Telecom Italia S.p.A., commonly known by its brand TIM, is Italy's leading integrated telecommunications operator. The company offers a comprehensive range of fixed‐line and mobile voice services, high‐speed broadband access, and digital television solutions to residential, corporate and wholesale clients. Telecom Italia designs, builds and manages network infrastructure, including fiber‐optic and wireless systems, to deliver reliable connectivity across urban and rural markets in Italy.
Beyond traditional telephony, Telecom Italia has expanded into information and communications technology (ICT) services, providing cloud computing, cybersecurity, Internet of Things (IoT) platforms and data analytics solutions.
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