Telecom Italia (OTCMKTS:TIIAY) Shares Gap Up – Time to Buy?

Telecom Italia S.P.A. (OTCMKTS:TIIAYGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $6.5824, but opened at $6.8350. Telecom Italia shares last traded at $6.8350, with a volume of 2,089 shares trading hands.

Trending Headlines about Telecom Italia

Here are the key news stories impacting Telecom Italia this week:

Analysts Set New Price Targets

Several brokerages have recently weighed in on TIIAY. Deutsche Bank Aktiengesellschaft lowered Telecom Italia from a “buy” rating to a “hold” rating in a research report on Friday, February 20th. Barclays restated an “overweight” rating on shares of Telecom Italia in a report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

View Our Latest Report on TIIAY

Telecom Italia Stock Performance

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 stock’s 50 day moving average is $7.09 and its 200 day moving average is $6.20.

Telecom Italia Company Profile

(Get Free Report)

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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