Telefónica (OTCMKTS:TEFOF) Shares Climb 3.8% – Here’s What Happened

Telefónica, S.A. (OTCMKTS:TEFOF – Get Free Report) shares rose 3.8% during mid-day trading on Thursday. The company traded as high as $3.9450 and last traded at $3.9450. 23,148 shares traded hands during mid-day trading, an increase of 166% from the average session volume of 8,708 shares. The stock had previously closed at $3.80.

Telefónica Trading Up 3.8%

The stock has a fifty day moving average of $4.06 and a two-hundred day moving average of $4.28.

Telefónica Company Profile

(Get Free Report)

Telefónica, SA is a Spanish telecommunications company headquartered in Madrid. Founded in 1924, the company provides fixed-line and mobile communications, broadband connectivity, television, and digital services to consumers, businesses, and public-sector organizations.

Its consumer offerings include mobile voice and data plans, fiber-optic broadband, fixed-line services, pay television, and bundled communications packages. Telefónica also serves business customers with cloud computing, cybersecurity, information technology, Internet of Things, data center, and managed connectivity solutions.

Telefónica operates primarily in Spain, Germany, Brazil, and other European and Latin American markets.

Further Reading

Receive News & Ratings for Telefónica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefónica and related companies with MarketBeat.com's FREE daily email newsletter.