Shares of Telecom Italia S.P.A. (OTCMKTS:TIIAY - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 182,390 shares changed hands during mid-day trading, an increase of 920% from the previous session's volume of 17,875 shares.The stock last traded at $5.65 and had previously closed at $5.68.
Analyst Ratings Changes
TIIAY has been the subject of several research reports. Berenberg Bank upgraded shares of Telecom Italia to a "strong-buy" rating in a report on Thursday, June 26th. Oddo Bhf lowered shares of Telecom Italia to a "neutral" rating in a report on Friday, August 29th. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy".
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Telecom Italia Price Performance
The company's 50 day moving average is $5.09 and its 200-day moving average is $4.46.
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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