Shares of Telecom Argentina S.A. (OTCMKTS:TCMFF – Get Free Report) dropped 21.3% on Friday . The company traded as low as $1.85 and last traded at $1.85. Approximately 150 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 1,197 shares. The stock had previously closed at $2.35.
Telecom Argentina Price Performance
The company’s 50-day moving average is $1.59 and its two-hundred day moving average is $1.45.
Telecom Argentina Company Profile
Telecom Argentina SA, together with its subsidiaries, provides telecommunications services. The company offers mobile telecommunications services, including voice communications, high-speed mobile Internet content and applications download, online streaming, and other services; and sells mobile communication devices, such as handsets, Modems MiFi and wingles, and smart watches.
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