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

Telecom Italia S.p.A. (OTCMKTS:TIAIYGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.76 and last traded at $3.76, with a volume of 215 shares trading hands. The stock had previously closed at $3.41.

Telecom Italia Price Performance

The company’s 50-day simple moving average is $3.26 and its 200 day simple moving average is $3.06. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.82.

About Telecom Italia

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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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