Telecom Italia (OTCMKTS:TIAIY) Shares Down 2.2% – What’s Next?

Telecom Italia S.P.A. (OTCMKTS:TIAIYGet Free Report)’s share price dropped 2.2% during mid-day trading on Friday . The company traded as low as $5.90 and last traded at $5.90. Approximately 658 shares traded hands during trading, a decline of 64% from the average daily volume of 1,830 shares. The stock had previously closed at $6.03.

Telecom Italia Trading Down 2.2%

The stock’s 50 day moving average is $5.35 and its 200-day moving average is $4.42. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.77 and a current ratio of 0.80.

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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