Telecom Italia S.P.A. (OTCMKTS:TIIAY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $4.91 and last traded at $4.89, with a volume of 21549 shares. The stock had previously closed at $4.74.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on TIIAY. Berenberg Bank raised Telecom Italia to a "strong-buy" rating in a research note on Thursday, June 26th. New Street Research downgraded Telecom Italia from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Finally, BNP Paribas raised Telecom Italia from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 10th. One research analyst has rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Telecom Italia presently has a consensus rating of "Buy".
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Telecom Italia Stock Performance
The firm has a fifty day simple moving average of $4.60 and a 200-day simple moving average of $3.75. The company has a quick ratio of 0.77, a current ratio of 0.80 and a debt-to-equity ratio of 0.65.
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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