Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) has lost 2.86% during the past week and dropped 11.16% in the last 4 weeks. The shares are however, negative as compared to the SP 500 for the past week with a loss of 4.21%. Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) has underperformed the index by 3.99% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Telecom Argentina S.A. is up 5.13% in the last 3-month period. Year-to-Date the stock performance stands at -6.91%.The company shares have dropped 27.06% in the past 52 Weeks. On March 18, 2015 The shares registered one year high of $26.39 and one year low was seen on September 28, 2015 at $13.36. The 50-day moving average is $15.95 and the 200 day moving average is recorded at $16.41. SP 500 has rallied 7.3% during the last 52-weeks.
Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) : On Friday heightened volatility was witnessed in Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) which led to swings in the share price. The shares opened for trading at $15 and hit $15.23 on the upside , eventually ending the session at $14.96, with a gain of 1.77% or 0.26 points. The heightened volatility saw the trading volume jump to 317,842 shares. The 52-week high of the share price is $26.39 and the company has a market cap of $2,900 million. The 52-week low of the share price is at $13.3604 .
During the last several months other analysts have commented on the company rating. Equity analysts at the Brokerage firm Goldman Sachs upgrades its rating on Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO). The rating major has initiated the coverage with an neutral rating on the shares. Earlier, the shares were rated a Sell by the brokerage firm. The rating by the firm was issued on November 23, 2015.
Telecom Argentina S.A. provides fixed-line telecommunications services and other telephone-related services, such as international long-distance service, data transmission, information technology (IT) solutions outsourcing and Internet services. The Company provides mobile telecommunications services and international wholesale services. It operates in three segments: Fixed Telecommunications Services (Fixed Services), Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services). Telecom Personal S.A. (Personal) is its subsidiary engaged in the provision of mobile telecommunication services in Argentina. Nucleo S.A. (Nucleo) is Personals subsidiary engaged in the provision of mobile telecommunication services in Paraguay. Personal Envios S.A. (Envios) is Nucleos subsidiary engaged in the provision of mobile financial services in Paraguay.