Telecom Italia (OTCMKTS:TIIAY) Stock Price Up 0.4% – Time to Buy?

Telecom Italia S.p.A. (OTCMKTS:TIIAYGet Free Report) traded up 0.4% during trading on Thursday . The stock traded as high as $2.64 and last traded at $2.63. 6,816 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 12,512 shares. The stock had previously closed at $2.62.

Analysts Set New Price Targets

Separately, Barclays upgraded Telecom Italia from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, December 10th.

Read Our Latest Research Report on Telecom Italia

Telecom Italia Stock Performance

The stock’s fifty day moving average is $2.48 and its two-hundred day moving average is $2.52.

About Telecom Italia

(Get Free Report)

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of 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 top, public sector and large account customers.

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