Telefónica (OTCMKTS:TEFOF) Stock Price Up 6.9%

Telefónica, S.A. (OTCMKTS:TEFOFGet Rating)’s share price was up 6.9% during mid-day trading on Monday . The company traded as high as $5.11 and last traded at $5.11. Approximately 215,695 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 75,794 shares. The stock had previously closed at $4.78.

Separately, Barclays lifted their price target on shares of Telefónica from €4.00 ($4.26) to €4.50 ($4.79) and gave the company an “equal weight” rating in a research report on Wednesday, April 27th.

The stock’s 50 day moving average is $4.93 and its 200-day moving average is $4.66.

About Telefónica (OTCMKTS:TEFOF)

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.

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