Free Trial

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

Telecom Italia logo with Utilities background

Key Points

  • Telecom Italia's stock reached a new 52-week high at $4.91, closing at $4.89 with a trading volume of 21,549 shares.
  • Analysts have varying views on the stock: one firm downgraded it to a "hold," while three others maintained a "strong-buy" rating, leading to a consensus rating of "Buy".
  • The company operates through three segments and offers a range of telecommunication services, including fixed and mobile voice, Internet, and ICT solutions for various customers.
  • Looking to Export and Analyze Telecom Italia Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

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".

Get Our Latest Report on Telecom Italia

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

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Telecom Italia Right Now?

Before you consider Telecom Italia, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telecom Italia wasn't on the list.

While Telecom Italia currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without
Palantir & AMD Earnings: Massive Options Setups Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines