Telecom Italia (OTCMKTS:TIAIY) Hits New 52-Week High – Here’s What Happened

Telecom Italia S.p.A. (OTCMKTS:TIAIY) hit a new 52-week high on Monday . The company traded as high as $4.02 and last traded at $3.87, with a volume of 808 shares traded. The stock had previously closed at $3.76.

Telecom Italia Trading Up 3.0 %

The firm has a 50 day simple moving average of $3.40 and a 200 day simple moving average of $3.12. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 0.85.

About Telecom Italia

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.