Telecom Italia (OTCMKTS:TIIAY) Shares Gap Down – What’s Next?

Telecom Italia S.P.A. (OTCMKTS:TIIAYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $10.46, but opened at $9.30. Telecom Italia shares last traded at $9.30, with a volume of 620 shares traded.

Analysts Set New Price Targets

Separately, Kepler Capital Markets restated a “hold” rating on shares of Telecom Italia in a research report on Wednesday. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on TIIAY

Telecom Italia Trading Down 0.8%

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 company has a fifty day moving average price of $8.68 and a two-hundred day moving average price of $7.48.

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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