Shares of Telecom Italia S.p.A. (OTCMKTS:TIAIY – Get Free Report) rose 11% during trading on Thursday . The stock traded as high as $2.93 and last traded at $2.93. Approximately 300 shares changed hands during mid-day trading, an increase of 104% from the average daily volume of 147 shares. The stock had previously closed at $2.64.
Telecom Italia Price Performance
The firm’s fifty day simple moving average is $2.96 and its 200 day simple moving average is $2.81.
About Telecom Italia
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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