Telefónica, S.A. (OTCMKTS:TEFOF – Get Free Report) shares dropped 4% during mid-day trading on Monday . The company traded as low as $4.46 and last traded at $4.4732. Approximately 510 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 7,338 shares. The stock had previously closed at $4.6580.
Telefónica Stock Down 4.0%
The stock has a fifty day moving average price of $4.29 and a 200-day moving average price of $4.48.
About Telefónica
Telefónica is a leading Spanish multinational telecommunications company headquartered in Madrid. Established in 1924 as Compañía Telefónica Nacional de España, it has grown into one of the world’s largest integrated telecommunications providers. The company offers a comprehensive portfolio of services that includes fixed-line and mobile telephony, broadband Internet access, digital television, and data transmission services for residential, business and wholesale customers.
In its core markets, Telefónica operates under several well-known brands including Telefónica España, Movistar, O2 and Vivo.
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