Telecom Italia (OTCMKTS:TIIAY) Stock Price Up 1.9% – What’s Next?

Shares of Telecom Italia S.p.A. (OTCMKTS:TIIAYGet Free Report) traded up 1.9% on Wednesday . The company traded as high as $2.69 and last traded at $2.69. 25,340 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 41,994 shares. The stock had previously closed at $2.64.

Telecom Italia Stock Performance

The company has a 50-day simple moving average of $2.59 and a two-hundred day simple moving average of $2.49.

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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