Telecom Italia (OTCMKTS:TIAIY) Stock Price Up 1% – Still a Buy?

Telecom Italia S.p.A. (OTCMKTS:TIAIYGet Free Report) shares were up 1% on Tuesday . The company traded as high as $3.15 and last traded at $3.10. Approximately 47,887 shares were traded during mid-day trading, an increase of 1,841% from the average daily volume of 2,467 shares. The stock had previously closed at $3.07.

Telecom Italia Trading Up 1.0 %

The company’s 50 day moving average price is $2.89 and its 200-day moving average price is $2.83.

Telecom Italia Company Profile

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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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