Telecom Argentina S.A. ADR [NYSE: TEO] stock went on a downward path that fall over -2.07% on Wednesday, amounting to a one-week price increase of more than 1.84%.
Over the last 12 months, TEO stock rose by 72.97%. The one-year Telecom Argentina S.A. ADR stock forecast points to a potential downside of -37.94. The average equity rating for TEO stock is currently 5.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $1.67 billion, with 125.61 million shares outstanding and 125.60 million shares in the current float. Compared to the average trading volume of 210.32K shares, TEO stock reached a trading volume of 130008 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Telecom Argentina S.A. ADR [TEO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TEO shares is $9.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TEO stock is a recommendation set at 5.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Telecom Argentina S.A. ADR shares, keeping their opinion on the stock as Sell, with their previous recommendation back on October 23, 2024. The new note on the price target was released on September 20, 2024, representing the official price target for Telecom Argentina S.A. ADR stock.
The Average True Range (ATR) for Telecom Argentina S.A. ADR is set at 0.71, with the Price to Sales ratio for TEO stock in the period of the last 12 months amounting to 0.33. The Price to Book ratio for the last quarter was 1.08, with the Price to Cash per share for the same quarter was set at 2.84. Price to Free Cash Flow for TEO in the course of the last twelve months was 3.08 with Quick ratio for the last quarter at 0.37.
TEO Stock Performance Analysis:
Telecom Argentina S.A. ADR [TEO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.84. With this latest performance, TEO shares gained by 56.11% in over the last four-week period, additionally plugging by 53.81% over the last 6 months – not to mention a rise of 72.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TEO stock in for the last two-week period is set at 71.73, with the RSI for the last a single of trading hit 66.04, and the three-weeks RSI is set at 69.06 for Telecom Argentina S.A. ADR [TEO]. The present Moving Average for the last 50 days of trading for this stock 9.67, while it was recorded at 13.27 for the last single week of trading, and 8.05 for the last 200 days.
Insight into Telecom Argentina S.A. ADR Fundamentals:
Telecom Argentina S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.37 and a Current Ratio set at 0.40.
Telecom Argentina S.A. ADR [TEO] Institutonal Ownership Details
The top three institutional holders of TEO stocks are: OAKTREE CAPITAL MANAGEMENT LP with ownership of 3.02 million shares, which is approximately 0.7009%. RWC ASSET ADVISORS (US) LLC, holding 1.16 million shares of the stock with an approximate value of $$8.37 million in TEO stocks shares; and RWC ASSET ADVISORS (US) LLC, currently with $$7.75 million in TEO stock with ownership which is approximately 0.2488%.
