Telecom Italia (OTCMKTS:TIAIY) Stock Price Up 1% – Should You Buy?

Telecom Italia S.p.A. (OTCMKTS:TIAIYGet Free Report) shares shot up 1% on Tuesday . The company traded as high as $3.15 and last traded at $3.10. Approximately 47,887 shares traded hands during 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 Stock Performance

The company has a fifty day moving average price of $2.89 and a 200-day moving average price of $2.83.

About Telecom Italia

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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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