In last trading session, Telecom Argentina S.A. ADR (NYSE:TEO) saw 0.43 million shares changing hands with its beta currently measuring 0.95. Company’s recent per share price level of $8.58 trading at $0.67 or 8.47% at ring of the bell on the day assigns it a market valuation of $1.08B. That closing price of TEO’s stock is at a discount of -3.38% from its 52-week high price of $8.87 and is indicating a premium of 47.55% from its 52-week low price of $4.50. Taking a look at company’s average trading volume volume of 156.59K if we extend that period to 3-months.
Telecom Argentina S.A. ADR (NYSE:TEO) trade information
Upright in the green during last session for gaining 8.47%, in the last five days TEO remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $8.58 price level. Telecom Argentina S.A. ADR’s shares saw a change of 20.00% in year-to-date performance and have moved 7.38% in past 5-day. Telecom Argentina S.A. ADR (NYSE:TEO) showed a performance of 7.12% in past 30-days.
Telecom Argentina S.A. ADR (TEO) estimates and forecasts
Statistics highlight that Telecom Argentina S.A. ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 66.60% of value to its shares in past 6 months, showing an annual growth rate of 115.79% while that of industry is -26.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
TEO Dividends
Telecom Argentina S.A. ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
