Telecom Argentina Stet – France Telecom (NYSE:TEO) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Jul 9th, 2026

Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.12 and traded as high as $13.16. Telecom Argentina Stet – France Telecom shares last traded at $13.0690, with a volume of 218,416 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have commented on TEO shares. Scotiabank increased their target price on Telecom Argentina Stet – France Telecom from $8.60 to $9.20 and gave the company a “sector underperform” rating in a research note on Wednesday, May 27th. Morgan Stanley upgraded Telecom Argentina Stet – France Telecom from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $13.00 to $17.00 in a research note on Wednesday, June 24th. Weiss Ratings raised Telecom Argentina Stet – France Telecom from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Wall Street Zen raised Telecom Argentina Stet – France Telecom from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Zacks Research downgraded Telecom Argentina Stet – France Telecom from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.55.

View Our Latest Stock Analysis on Telecom Argentina Stet – France Telecom

Telecom Argentina Stet – France Telecom Stock Performance

The firm has a market capitalization of $5.63 billion, a PE ratio of 25.63 and a beta of 1.35. The company has a current ratio of 0.58, a quick ratio of 0.56 and a debt-to-equity ratio of 0.51. The business’s 50 day simple moving average is $12.99 and its two-hundred day simple moving average is $12.12.

Insider Activity

In other news, Director Alejandro Alberto Urricelqui purchased 38,890 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was acquired at an average cost of $13.43 per share, for a total transaction of $522,292.70. Following the completion of the transaction, the director directly owned 399,348 shares in the company, valued at $5,363,243.64. This trade represents a 10.79% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.

Institutional Trading of Telecom Argentina Stet – France Telecom

Several institutional investors and hedge funds have recently modified their holdings of TEO. Y Intercept Hong Kong Ltd boosted its holdings in Telecom Argentina Stet – France Telecom by 8.3% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 21,330 shares of the utilities provider’s stock worth $249,000 after buying an additional 1,628 shares during the period. Bank of America Corp DE raised its holdings in Telecom Argentina Stet – France Telecom by 21.3% during the second quarter. Bank of America Corp DE now owns 26,872 shares of the utilities provider’s stock valued at $237,000 after acquiring an additional 4,714 shares during the period. EFG International AG bought a new stake in Telecom Argentina Stet – France Telecom during the fourth quarter valued at about $58,000. Van ECK Associates Corp purchased a new position in shares of Telecom Argentina Stet – France Telecom in the third quarter valued at about $43,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Telecom Argentina Stet – France Telecom in the second quarter valued at about $110,000.

About Telecom Argentina Stet – France Telecom

(Get Free Report)

Telecom Argentina Stet – France Telecom (NYSE:TEO) is an integrated telecommunications provider based in Buenos Aires, Argentina. Originally formed through the 1990 privatization of the state-owned Empresa Nacional de Telecomunicaciones (ENTel), the company was initially backed by Italian state carrier STET and French operator France Télécom. Since its listing on the New York Stock Exchange under the ticker TEO, Telecom Argentina has evolved into one of the country’s principal communications groups, offering a comprehensive portfolio of voice and data services.

The company’s core business activities span fixed-line telephony, mobile services, broadband internet and digital television.