Telefonica Stock Hits New 52-Week Low (TEF)

NEW YORK (TheStreet) -- Telefonica (NYSE:TEF) hit a new 52-week low Wednesday as it is currently trading at $16.83, below its previous 52-week low of $16.89 with 4.2 million shares traded as of 12:15 p.m. ET. Average volume has been 4.4 million shares over the past 30 days.

Telefonica has a market cap of $81.83 billion and is part of the technology sector and telecommunications industry. Shares are down 19% year to date as of the close of trading on Tuesday.

Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, rest of Europe, and Latin America. The company has a P/E ratio of 57.4, above the average telecommunications industry P/E ratio of 47.6 and above the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Telefonica as a hold. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including deteriorating net income, generally poor debt management and poor profit margins. You can view the full Telefonica Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

For more information on Telefonica SA click any of the following:

• Telefonica SA Stock Price

• Telefonica SA Analyst Ratings

• Telefonica SA Key Stats & Profile

• Telefonica SA Earnings

• Telefonica SA Ratio Comparison

• Telefonica SA Growth Rates

• Telefonica SA Balance Sheet

• Telefonica SA Cash Flow

• Telefonica SA Income Statement