Telefónica (OTCMKTS:TEFOF) Trading Down 7.3% – What’s Next?

Shares of Telefónica, S.A. (OTCMKTS:TEFOFGet Free Report) dropped 7.3% during trading on Tuesday . The company traded as low as $3.78 and last traded at $3.88. Approximately 464 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 766 shares. The stock had previously closed at $4.19.

Telefónica Price Performance

The business’s 50-day moving average price is $4.31 and its 200 day moving average price is $4.56.

Telefónica Company Profile

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Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.

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