In last trading session, Telecom Argentina S.A. ADR (NYSE:TEO) saw 0.32 million shares changing hands with its beta currently measuring 0.82. Company’s recent per share price level of $11.51 trading at -$0.24 or -2.04% at ring of the bell on the day assigns it a market valuation of $1.45B. That closing price of TEO’s stock is at a discount of -4.78% from its 52-week high price of $12.06 and is indicating a premium of 57.6% from its 52-week low price of $4.88. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.28 million shares which gives us an average trading volume of 182.57K if we extend that period to 3-months.
Telecom Argentina S.A. ADR (NYSE:TEO) trade information
Upright in the red during last session for losing -2.04%, in the last five days TEO remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $11.51 price level, adding 4.56% to its value on the day. Telecom Argentina S.A. ADR’s shares saw a change of 60.98% in year-to-date performance and have moved 24.03% in past 5-day. Telecom Argentina S.A. ADR (NYSE:TEO) showed a performance of 44.24% in past 30-days. Number of shares sold short was 0.98 million shares which calculate 7.01 days to cover the short interests.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Wall Street analysts have assigned a consensus price target of 6.7 to the stock, which implies a fall of -71.79% to its current value. Analysts have been projecting 6.1 as a low price target for the stock while placing it at a high target of 7.3. It follows that stock’s current price would jump 47.0% in reaching the projected high whereas dropping to the targeted low would mean a gain of 47.0% for stock’s current value.
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 21.54% of value to its shares in past 6 months, showing an annual growth rate of 175.00% while that of industry is 0.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -43.50% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 940.85M for the same. And 2 analysts are in estimates of company making revenue of 960.35M in the next quarter. Company posted 1.06B and 2.32B of sales in current and next quarters respectively a year earlier.
Telecom Argentina S.A. ADR (NYSE:TEO)’s Major holders
OAKTREE CAPITAL MANAGEMENT LP is the top institutional holder at TEO for having 3.02 million shares of worth $21.83 million. And as of 2024-06-30, it was holding 0.7009 of the company’s outstanding shares.
The second largest institutional holder is RWC ASSET ADVISORS (US) LLC, which was holding about 1.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.2686 of outstanding shares, having a total worth of $8.37 million.
