Telecom Italia (OTCMKTS:TIAIY) Trading Down 2.5%

Shares of Telecom Italia S.p.A. (OTCMKTS:TIAIYGet Rating) traded down 2.5% during mid-day trading on Friday . The company traded as low as $2.57 and last traded at $2.57. 318 shares were traded during mid-day trading, a decline of 93% from the average session volume of 4,602 shares. The stock had previously closed at $2.64.

Telecom Italia Trading Down 2.5 %

The company has a quick ratio of 0.81, a current ratio of 0.84 and a debt-to-equity ratio of 0.97. The stock’s fifty day moving average price is $2.21 and its 200-day moving average price is $2.07.

Telecom Italia Company Profile

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Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for small and medium-size enterprises, small offices/home offices, the public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets.

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