Telecom Italia S.P.A. (OTCMKTS:TIIAY – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $6.05, but opened at $6.30. Telecom Italia shares last traded at $6.30, with a volume of 5,128 shares.
Wall Street Analyst Weigh In
TIIAY has been the topic of several analyst reports. Kepler Capital Markets reissued a “hold” rating on shares of Telecom Italia in a report on Wednesday, June 24th. Barclays reiterated an “overweight” rating on shares of Telecom Italia in a report on Friday, August 7th. Finally, Zacks Research upgraded Telecom Italia to a “hold” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Telecom Italia currently has a consensus rating of “Hold”.
Get Our Latest Research Report on Telecom Italia
Telecom Italia Trading Up 1.9%
The business has a 50-day simple moving average of $8.15 and a 200 day simple moving average of $8.44.
Telecom Italia Company Profile
Telecom Italia S.p.A., commonly known as TIM, is an Italian telecommunications company that provides fixed-line and mobile communications services. Its offerings include voice and messaging, broadband and fiber connectivity, data services, and related digital communications products for households, businesses, and public-sector customers.
Through its enterprise operations, TIM provides information and communications technology services such as cloud computing, cybersecurity, data centers, managed connectivity, and other digital solutions.
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