Telefonica SA (NYSE:TEF) has tumbled 0.41% during the past week and has dropped 5.19% in the last 4 week period. The company has outperformed the S&P 500 by 0.78% in the past week but underperformed the index by 6.06% in the last 4 weeks.
Telefonica SA (NYSE:TEF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.64 and $9.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.68, notching a gain of 0.73% for the day. The total traded volume was 2,005,273 . The stock had closed at $9.61 on the previous day.
The company shares have dropped -33.47% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $15.54 and the one year low was seen on Jun 16, 2016. The 50-Day Moving Average price is $10.32 and the 200 Day Moving Average price is recorded at $10.67.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Credit Suisse upgrades its ratings on Telefonica SA (NYSE:TEF). In the latest research report, Credit Suisse raises the target price from $9.5 per share to $10 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on April 6, 2016. Currently the company Insiders own 0.01% of Telefonica SA shares according to the proxy statements. Institutional Investors own 1.43% of Telefonica SA shares.
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.