Telecom Italia (OTCMKTS:TIAOF) Shares Down 7.4%

Telecom Italia S.p.A. (OTCMKTS:TIAOFGet Free Report)’s stock price was down 7.4% on Wednesday . The stock traded as low as $0.21 and last traded at $0.21. Approximately 1,650 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 35,362 shares. The stock had previously closed at $0.23.

Telecom Italia Price Performance

The company’s 50 day moving average price is $0.24 and its two-hundred day moving average price is $0.28.

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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