Telecom Italia (OTCMKTS:TIAIY) Sets New 12-Month High – Here’s Why

Telecom Italia S.p.A. (OTCMKTS:TIAIYGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $3.86 and last traded at $3.86, with a volume of 451 shares traded. The stock had previously closed at $3.76.

Telecom Italia Stock Up 2.7 %

The firm’s 50 day simple moving average is $3.28 and its two-hundred day simple moving average is $3.07. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.82.

Telecom Italia Company Profile

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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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