Telecom Argentina S.A. ADR (NYSE:TEO)’s traded shares stood at 0.32 million during the last session, with the company’s beta value hitting 0.89. At the close of trading, the stock’s price was $13.37, to imply an increase of 3.64% or $0.47 in intraday trading. The TEO share’s 52-week high remains $14.78, putting it -10.55% down since that peak but still an impressive 59.46% since price per share fell to its 52-week low of $5.42. The company has a valuation of $1.68B, with an average of 0.28 million shares in intraday trading volume over the past 10 days and average of 228.24K shares over the past 3 months.
Telecom Argentina S.A. ADR (NYSE:TEO) trade information
After registering a 3.64% upside in the last session, Telecom Argentina S.A. ADR (TEO) has traded red over the past five days. The 5-day price performance for the stock is 13.79%, and 0.49% over 30 days. With these gigs, the year-to-date price performance is 90.44%. Short interest in Telecom Argentina S.A. ADR (NYSE:TEO) saw shorts transact 1.31 million shares and set a 4.7 days time to cover.
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
The extremes give us $6.1 and $7.3 for target low and target high price respectively. As such, TEO has been trading 45.4% off suggested target high and 54.38% from its likely low.
Telecom Argentina S.A. ADR (TEO) estimates and forecasts
Looking at statistics comparing Telecom Argentina S.A. ADR share performance against respective industry, we note that the company has outperformed competitors. Telecom Argentina S.A. ADR (TEO) shares are 88.34% up over the last 6 months, with its year-to-date growth rate higher than industry average at 156.14% against -2.40%. The rating firms project that company’s revenue will grow 62.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 1.03B. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 991.65M.Earnings reports from the last fiscal year show that sales brought in 1.21B and 775.66M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -15.32% before jumping 27.85% in the following quarter.
TEO Dividends
Telecom Argentina S.A. ADR has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 6.78%.
The next major institution holding the largest number of shares is RWC ASSET ADVISORS (US) LLC with 1.16 million shares, or about 0.2686% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.37 million.
