Telecom Italia (OTCMKTS:TIIAY) Sets New 1-Year High – Here’s What Happened

Shares of Telecom Italia S.p.A. (OTCMKTS:TIIAY) hit a new 52-week high during trading on Thursday . The company traded as high as $3.36 and last traded at $3.36, with a volume of 4179 shares traded. The stock had previously closed at $3.17.

Analyst Ratings Changes

TIIAY has been the topic of a number of analyst reports. Barclays upgraded Telecom Italia from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 10th. Hsbc Global Res raised Telecom Italia from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th.

Telecom Italia Stock Down 1.2 %

The firm’s 50-day moving average price is $2.89 and its two-hundred day moving average price is $2.67. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.

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.