Telecom Argentina (OTCMKTS:TCMFF) Trading 37.1% Higher – Here’s What Happened

Telecom Argentina S.A. (OTCMKTS:TCMFFGet Free Report)’s share price traded up 37.1% during mid-day trading on Wednesday . The stock traded as high as $2.40 and last traded at $2.40. 1,000 shares were traded during trading, an increase of 1% from the average daily volume of 986 shares. The stock had previously closed at $1.75.

Telecom Argentina Stock Performance

The business’s 50 day moving average is $1.60 and its 200 day moving average is $1.20.

About Telecom Argentina

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Telecom Argentina SA is the leading integrated telecommunications provider in Argentina, offering a comprehensive portfolio of services that spans fixed-line telephony, mobile communications, broadband internet and digital television. Through its flagship brands, the company delivers voice and data connectivity to residential, small and medium-sized enterprises, government agencies and large corporates across Argentina’s urban and regional markets.

In the mobile segment, Telecom Argentina markets prepaid and postpaid plans under the Personal brand, providing 4G LTE coverage in most populated areas and ongoing investments in network upgrades.

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