Telecom Argentina (TEO, Financial) shares recently surged by 5.24%, reaching $10.04 per share with a trading volume of 217,754 shares and a turnover rate of 0.07%. The stock experienced a price fluctuation of 5.08% as per the latest data.
The company's recent financial reports revealed a revenue of $927 million and a net profit of $61.67 million, translating to an earnings per share (EPS) of $0.14 and a gross profit of $119 million. Telecom Argentina's price-to-earnings (P/E) ratio stands at 8.64. All four rating institutions covering the stock provided a "sell" rating, with none recommending a "buy" or "hold" position.
Within the telecom services sector, Telecom Argentina recorded a 0.54% overall increase. Other significant gainers in the industry include Gogo Inc. and Sify Technologies Limited. Gogo Inc. demonstrated a high turnover rate of 4.81% and a price fluctuation of 20.31%. Altice USA, Inc., and Globalstar also showed notable market activity.
Telecom Argentina SA operates in the telecommunications industry, offering quadruple-play services, including cable TV, internet, and fixed-line telephone services. It also provides international long-distance, wholesale services, data transmission, and IT solutions. The company's services span Argentina, Paraguay, Uruguay, and the United States.
