Company Shares of TIM Participacoes S.A. (NYSE:TSU) Drops by -0.09%

TIM Participacoes S.A. (NYSE:TSU) has risen sharply, recording gains of 9.85% in the past 4 weeks. However, the stock has corrected -0.09% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.1% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have dropped -30.86% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $15.84 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.95 and the 200 Day Moving Average price is recorded at $9.53.

The stock has recorded a 20-day Moving Average of 8.38% and the 50-Day Moving Average is 6.94%.


TIM Participacoes S.A. (NYSE:TSU): stock turned positive on Friday. Though the stock opened at $10.58, the bulls momentum made the stock top out at $10.8699 level for the day. The stock recorded a low of $10.5 and closed the trading day at $10.82, in the green by 4.64%. The total traded volume for the day was 630,138. The stock had closed at $10.34 in the previous days trading.

TIM Participacoes S.A. is a holding company. The Company provides mobile telecommunication services in Brazil. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. The Companys wholly owned subsidiaries include TIM Celular S.A., which provides landline telephone services (STFC) – domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (SCM) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC – local voices services and SCM services in all Brazilian states and in the Federal District (DF). The Company offers global system for mobile communications (GSM) telecommunications services, 3G and 4G technologies.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.