Telefonica SA (TEF) has risen sharply, recording gains of 1.56% in the past 4 weeks. However, the stock has corrected -0.2% in the past 1 week, providing a good buying opportunity on dips. Telefonica SA (TEF) : During the past 4 weeks, traders have been relatively bearish on Telefonica SA (TEF), hence the stock is down -1.74% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.14% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 1.81% and the 50-Day Moving Average is 0.45%. Telefonica, S.A. has dropped 6.57% during the last 3-month period . Year-to-Date the stock performance stands at -7.84%.
Telefonica SA (NYSE:TEF): stock turned positive on Friday. Though the stock opened at $9.73, the bulls momentum made the stock top out at $9.77 level for the day. The stock recorded a low of $9.69 and closed the trading day at $9.76, in the green by 0.72%. The total traded volume for the day was 892,160. The stock had closed at $9.69 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.