Telecom Argentina (TEO, Financial) experienced significant stock movement with a notable surge of 5.07%. The stock is currently valued at $8.50 per share, with a trading volume of 182,744 shares and a turnover rate of 0.06%. It has exhibited a price fluctuation amplitude of 5.50%.
According to the recent financial report, Telecom Argentina reported a revenue of $927 million and a net profit of $61.67 million. Earnings per share stand at $0.14, with a gross profit of $119 million, and the price-to-earnings (P/E) ratio is 7.33.
In terms of analyst recommendations, all three participating institutions have given a sell rating, with no buy or hold suggestions. Within the telecommunications services sector, the overall rise was 0.37%. Noteworthy performers in the sector include Ribbon Communications Inc., Shenandoah Telecommunications Co, and Telecom Argentina, which showed significant gains.
Telecom Argentina offers a range of telecommunication services, including "quad-play" services, cable TV, internet, and fixed telephony services. The company operates in Argentina, Paraguay, Uruguay, and the United States, providing various telecom-related services across these markets.
