Telecom Argentina S.A. (OTCMKTS:TCMFF – Get Free Report)’s share price shot up 37.1% during trading on Wednesday . The company traded as high as $2.40 and last traded at $2.40. 1,000 shares traded hands 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 stock’s 50 day moving average is $1.60 and its two-hundred day moving average is $1.20.
Telecom Argentina Company Profile
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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