Telecom Italia S.P.A. (OTCMKTS:TIAIY – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 4,459 shares traded hands during mid-day trading, an increase of 262% from the previous session’s volume of 1,232 shares.The stock last traded at $8.35 and had previously closed at $8.04.
Telecom Italia Price Performance
The business has a fifty day moving average of $8.35 and a 200 day moving average of $7.17. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61.
Telecom Italia Company Profile
Telecom Italia S.p.A. (OTCMKTS:TIAIY) is a leading Italian telecommunications operator that provides a broad range of fixed-line, mobile voice and data services. The company’s offerings span consumer broadband connections, mobile telephony plans and pay-TV packages under its TIM brand. Telecom Italia also delivers wholesale network capacity and managed connectivity solutions to other carriers and service providers.
Headquartered in Rome, Telecom Italia traces its origins to Italy’s state-owned telephone monopoly and was established in its current form in 1994 following privatization and corporate restructuring.
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