Telefónica, S.A. (OTCMKTS:TEFOF – Get Free Report) dropped 7% during trading on Monday . The company traded as low as $4.1950 and last traded at $4.1950. 1,038 shares were traded during trading, a decline of 84% from the average session volume of 6,682 shares. The stock had previously closed at $4.5120.
Telefónica Stock Down 7.0%
The firm’s 50 day moving average price is $4.54 and its two-hundred day moving average price is $4.33.
Telefónica Company Profile
Telefónica is a leading Spanish multinational telecommunications company headquartered in Madrid. Established in 1924 as Compañía Telefónica Nacional de España, it has grown into one of the world’s largest integrated telecommunications providers. The company offers a comprehensive portfolio of services that includes fixed-line and mobile telephony, broadband Internet access, digital television, and data transmission services for residential, business and wholesale customers.
In its core markets, Telefónica operates under several well-known brands including Telefónica España, Movistar, O2 and Vivo.
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