Telecom Italia (OTCMKTS:TIIAY) Sets New 1-Year High - Should You Buy?

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

Analysts Set New Price Targets

TIIAY has been the topic of a number of research analyst reports. New Street Research cut shares of Telecom Italia from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. BNP Paribas raised shares of Telecom Italia from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 10th.

Telecom Italia Stock Performance

The company's 50-day moving average price is $3.97 and its two-hundred day moving average price is $3.20. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.

About Telecom Italia

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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