Telefonica SA (TEF) has risen sharply, recording gains of 2.32% in the past 4 weeks. However, the stock has corrected -5.77% 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 4.44% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.7% and the 50-Day Moving Average is 2.13%.The 200 Day SMA reached 0.1% Telefonica, S.A. is up 4.65% in the last 3-month period. Year-to-Date the stock performance stands at -4.34%.
The shares have received a consensus rating of Sell for the current week Telefonica SA (NYSE:TEF): stock was range-bound between the intraday low of $10.05 and the intraday high of $10.15 after having opened at $10.11 on Fridays session. The stock finally closed in the red at $10.11, a loss of -0.88%. The stock remained in the red for the whole trading day. The total traded volume was 1,071,811 shares. The stock failed to cross $10.15 in Fridays trading. The stocks closing price on Thursday was $10.13.
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.