Telefonica Already 7% Down, Almost One Hour Before The NYSE Open

(VIANEWS) – The NYSE opens in less than one hour and Telefonica‘s pre-market value is already 7.71% down.

Telefonica’s last close was $4.15, 8.39% below its 52-week high of $4.53.

The last session, NYSE ended with Telefonica (TEF) falling 1.66% to $4.15. NYSE dropped 0.43% to $16,356.51, following the last session’s downward trend on what was a somewhat negative trend trading session.

About Telefonica

Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance and fixed-to-mobile communications; corporate communications; supplementary value-added services; video telephony; intelligent network; and telephony information services, as well as leases and sells handset equipment. The company also provides Internet and broadband multimedia services comprising Internet service provider, portal and network, retail and wholesale broadband access, narrowband switched access, high-speed Internet through fibre to the home, and voice over Internet protocol services. In addition, it offers leased line, virtual private network, fibre optics, web hosting and application, managed hosting, content delivery, outsourcing and consultancy, desktop, and system integration and professional services. Further, the company offers wholesale services for telecommunication operators, including domestic interconnection and international wholesale services; leased lines for other operators; and local loop leasing services, as well as bit stream services, wholesale line rental accesses, and leased ducts for other operators' fiber deployment. Additionally, it provides video/TV services; smart connectivity and services, and consumer IoT products; financial and other payment, security, cloud, advertising, big data, and digital experience services; virtual assistants; and Movistar Home devices. The company was incorporated in 1924 and is headquartered in Madrid, Spain.

Earnings Per Share

As for profitability, Telefonica has a trailing twelve months EPS of $0.27.

PE Ratio

Telefonica has a trailing twelve months price to earnings ratio of 15.37. Meaning, the purchaser of the share is investing $15.37 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.13%.

Yearly Top and Bottom Value

Telefonica’s stock is valued at $4.15 at 08:47 EST, under its 52-week high of $4.53 and way higher than its 52-week low of $3.10.

More news about Telefonica (TEF).

Leave a Reply

Your email address will not be published. Required fields are marked *