Telefónica Deutschland (OTCMKTS:TELDF) Trading 16.9% Higher – Here’s Why

Telefónica Deutschland Holding AG (OTCMKTS:TELDFGet Free Report) shares shot up 16.9% during trading on Thursday . The company traded as high as $2.21 and last traded at $2.21. 3,225 shares traded hands during trading, an increase of 7% from the average session volume of 3,020 shares. The stock had previously closed at $1.89.

Telefónica Deutschland Price Performance

The company has a 50-day moving average price of $2.28 and a two-hundred day moving average price of $2.50.

Telefónica Deutschland Company Profile

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Telefónica Deutschland is a leading German telecommunications provider and a subsidiary of the global Telefónica Group. Headquartered in Munich, the company operates under the O2 brand and serves both consumer and business customers across Germany. Its network infrastructure supports mobile, fixed-line and converged solutions, offering reliable coverage in urban and rural areas alike.

The company’s core offerings include mobile voice and data services, fixed-line broadband internet, landline telephony and digital television packages.

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