In last trading session, Telecom Argentina S.A. ADR (NYSE:TEO) saw 0.36 million shares changing hands with its beta currently measuring 1.24. Company’s recent per share price level of $9.74 trading at -$0.39 or -3.85% at ring of the bell on the day assigns it a market valuation of $1.22B. That closing price of TEO’s stock is at a discount of -59.45% from its 52-week high price of $15.53 and is indicating a premium of 44.35% from its 52-week low price of $5.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.23 million shares which gives us an average trading volume of 189.17K 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 -3.85%, in the last five days TEO remained trading in the red while hitting it’s week-highest on Monday, 04/21/25 when the stock touched $9.74 price level, adding 12.01% to its value on the day. Telecom Argentina S.A. ADR’s shares saw a change of -22.64% in year-to-date performance and have moved -11.05% in past 5-day. Telecom Argentina S.A. ADR (NYSE:TEO) showed a performance of -8.72% in past 30-days. Number of shares sold short was 1.16 million shares which calculate 7.91 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.7 to the stock, which implies a fall of -45.37% 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 37.37% in reaching the projected high whereas dropping to the targeted low would mean a gain of 37.37% for stock’s current value.
Telecom Argentina S.A. ADR (NYSE:TEO)’s Major holders
Insiders are in possession of 0.06% of company’s total shares while institution are holding 7.20 percent of that, with stock having share float percentage of 7.20%. Investors also watch the number of corporate investors in a company very closely, which is 7.20% institutions for Telecom Argentina S.A. ADR that are currently holding shares of the company. 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.
On the other hand, GLOBAL X FUNDS-Global X MSCI Argentina ETF and Global Macro Capital Opportunities Portfolio are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 2.48 shares of worth $24.15 million or 1.97% of the total outstanding shares. The later fund manager was in possession of 115.71 shares on Jan 31, 2025 , making its stake of worth around $1.13 million in the company or a holder of 0.09% of company’s stock.
