Telecom Italia (OTCMKTS:TIIAY) Sets New 52-Week High - Still a Buy?

Telecom Italia S.P.A. (OTCMKTS:TIIAY - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $4.43 and last traded at $4.39, with a volume of 7743 shares. The stock had previously closed at $4.30.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports 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 research report on Thursday, April 10th.

Telecom Italia Stock Up 3.4%

The business has a 50-day moving average of $4.06 and a 200-day moving average of $3.23. The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 0.65.

Telecom Italia Company Profile

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.