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Telecom Argentina SA (TEO) Shares Cross Below 200 DMA

By Market News Video Staff, Thursday, August 4, 4:08 PM ET
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In trading on Thursday, shares of Telecom Argentina SA (NYSE:TEO) crossed below their 200 day moving average of $24.70, changing hands as low as $23.99 per share. Telecom Argentina SA shares are currently trading down about 5.2% on the day. The chart below shows the one year performance of TEO shares, versus its 200 day moving average:

Telecom Argentina SA 200 Day Moving Average Chart

Looking at the chart above, TEO's low point in its 52 week range is $18.24 per share, with $27.23 as the 52 week high point — that compares with a last trade of $24.13.

According to the ETF Finder at ETF Channel, TEO makes up 2.15% of the Guggenheim Frontier Markets ETF (AMEX:FRN) which is trading lower by about 4.9% on the day Thursday.

     See what other ETFs contain TEO »
     See what other stocks are held by FRN »

TEO operates in the Communications Services sector, among companies like DigitalGlobe Inc (NYSE:DGI) which is down about 6.4% today, and TIM Participacoes S.A. (NYSE:TSU) trading lower by about 5.3%. Below is a three month price history chart comparing the stock performance of TEO, versus DGI and TSU.

TEO,DGI,TSU Relative Performance Chart


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