Company Shares of Telecom Italia S.P.A. (NYSE:TI) Drops by -13.02%

Telecom Italia S.P.A. (NYSE:TI) : During the past 4 weeks, traders have been relatively bearish on Telecom Italia S.P.A. (NYSE:TI), hence the stock is down -24.35% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -14.12% relative to the S&P 500. The 4-week change in the price of the stock is -23.13% and the stock has fallen -13.02% in the past 1 week.

The company shares have dropped -46.36% from its 1 Year high price. On Nov 2, 2015, the shares registered one year high at $14.18 and the one year low was seen on Jul 7, 2016. The 50-Day Moving Average price is $8.76 and the 200 Day Moving Average price is recorded at $10.13.

The stock has recorded a 20-day Moving Average of 15.48% and the 50-Day Moving Average is 22.17%.


Telecom Italia S.P.A. (NYSE:TI): stock turned positive on Friday. Though the stock opened at $7.19, the bulls momentum made the stock top out at $7.2 level for the day. The stock recorded a low of $7.07 and closed the trading day at $7.08, in the green by 1.72%. The total traded volume for the day was 1,957,887. The stock had closed at $6.96 in the previous days trading.

Telecom Italia SpA is an Italy-based company engaged in the communications sector. It operates in the fixed and mobile national and international telecommunications sector. Its activities are divided into five business units. The Domestic unit provides telephone and data services on fixed line and mobile networks for retail voice customers and wholesale operators, as well as develop fiber optic networks. The Brazil unit offers mobile services using Universal Mobile Telecommunications System (UMTS) and Global System for Mobile Communications (GSM) technologies. The Argentina unit operates in fixed telecommunications through Telecom Argentina and in mobile telecommunications through Telecom Personal, and in Paraguay it operates in mobile telecommunications through Nucleo. The Media unit produces of multimedia music platforms, satellite channels and television broadcasting platforms. The Olivetti unit operates in the sector of office products and services for Information Technology.

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