Telefónica (OTCMKTS:TEFOF) Shares Down 10.8% – What’s Next?

Telefónica, S.A. (OTCMKTS:TEFOFGet Free Report) shares fell 10.8% during trading on Monday . The stock traded as low as $4.02 and last traded at $4.02. 889 shares changed hands during trading, a decline of 67% from the average session volume of 2,708 shares. The stock had previously closed at $4.5080.

Telefónica Stock Performance

The business has a 50-day simple moving average of $5.13 and a two-hundred day simple moving average of $5.25.

About Telefónica

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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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