Telecom Italia (OTCMKTS:TIIAY) Hits New 1-Year High – Time to Buy?

Telecom Italia S.P.A. (OTCMKTS:TIIAYGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $11.20 and last traded at $11.00, with a volume of 196252 shares changing hands. The stock had previously closed at $10.92.

Telecom Italia Stock Up 0.7%

The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. The business has a fifty day moving average price of $8.52 and a 200 day moving average price of $7.38.

About Telecom Italia

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Telecom Italia S.p.A., commonly known by its brand TIM, is Italy’s leading integrated telecommunications operator. The company offers a comprehensive range of fixed‐line and mobile voice services, high‐speed broadband access, and digital television solutions to residential, corporate and wholesale clients. Telecom Italia designs, builds and manages network infrastructure, including fiber‐optic and wireless systems, to deliver reliable connectivity across urban and rural markets in Italy.

Beyond traditional telephony, Telecom Italia has expanded into information and communications technology (ICT) services, providing cloud computing, cybersecurity, Internet of Things (IoT) platforms and data analytics solutions.

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