Telecom Italia S.P.A. (OTCMKTS:TIAIY – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $8.80, but opened at $7.93. Telecom Italia shares last traded at $7.93, with a volume of 1,033 shares changing hands.
Telecom Italia Price Performance
The company has a debt-to-equity ratio of 0.61, a current ratio of 0.84 and a quick ratio of 0.82. The stock has a fifty day simple moving average of $8.10 and a 200-day simple moving average of $6.85.
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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