Telefonica SA (TEF) : Money flow in the Telefonica SA (TEF) stock was negative (2.11 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $1.25 million, compared to $3.36 million on downticks. The total uptick to downtick ratio was 0.37, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.67 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.1 million. Downtick transaction value in block trades amounted to $1.76 million, indicating persistent selling. The uptick to downtick ratio was 0.06. Telefonica SA (TEF) traded $0.17 higher at $9.76 gaining 1.77% over the previous days close.
Telefonica SA (NYSE:TEF): stock turned positive on Friday. Though the stock opened at $9.86, the bulls momentum made the stock top out at $9.87 level for the day. The stock recorded a low of $9.71 and closed the trading day at $9.78, in the green by 1.98%. The total traded volume for the day was 2,473,808. The stock had closed at $9.59 in the previous days trading.
Telefonica, S.A. is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company operates the following segments: Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica. These segments are engaged in activities relating to wireline, wireless, cable, Internet, television businesses and other digital services in accordance with each location. The Companys services and products include Mobile business, which offers mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging; Fixed-line telephony business, which offers traditional fixed telecommunication services, Internet and broadband multimedia services, data and business-solutions services and wholesale services for telecommunication operators; and Digital services.