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

Telecom Italia S.P.A. (OTCMKTS:TIIAYGet Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as $6.6450 and last traded at $6.5850, with a volume of 11159 shares traded. The stock had previously closed at $6.54.

Telecom Italia Stock Up 1.1%

The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average of $5.99 and a two-hundred day moving average of $5.50.

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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