Telecom Argentina (TEO, Financial) experienced a significant stock price decline of 5.16%, trading at $12.68 per share. The trading volume reached 117,617 shares, with a turnover rate of 0.03% and a volatility of 7.55%. Recent financial reports show the company generated $1.045 billion in revenue but reported a net loss of $17.39 million, resulting in an earnings per share of -$0.04. The gross profit was $178 million, with a price-to-earnings ratio of 12.41. All four rating agencies covering the stock have issued a sell recommendation, with no buy or hold suggestions.
Within the telecommunications services sector, the overall decline was 0.61%. Notably, Kore Group Holdings, Inc., Liberty Global Class B, and Veon Ltd saw significant gains. Kore Group Holdings, Inc. was particularly active with a turnover rate of 36.36% and a volatility of 76.64%.
