Telecom Italia (OTCMKTS:TIAIY) Shares Up 4.7% – What’s Next?

Telecom Italia S.P.A. (OTCMKTS:TIAIY) shot up 4.7% during trading on Thursday . The company traded as high as $6.64 and last traded at $6.64. 2,914 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 1,559 shares. The stock had previously closed at $6.34.

Telecom Italia Price Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 0.82 and a quick ratio of 0.80. The business has a 50 day moving average of $5.94 and a 200 day moving average of $5.29.

Telecom Italia Company Profile

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.