TEF Stock Summary and Trading Ideas (Telefonica SA | NYSE:TEF)

Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), the U.K., Germany, Brazil, and other Latin American countries like Colombia, Mexico, Argentina, and Chile, among others. The company derives more than 30% of its revenue from Spain, close to 20% from Germany and 20% from Brazil. Its U.K. operations are held through a joint venture with Virgin Media. For several years Telefonica has been simplifying its corporate structure by selling noncore assets.

Telefonica SA trades on the NYSE stock market under the symbol TEF.

As of April 19, 2024, TEF stock price climbed to $4.27 with 387,288 million shares trading.

TEF has a beta of 0.78, meaning it tends to be less sensitive to market movements. TEF has a correlation of 0.15 to the broad based SPY ETF.

TEF has a market cap of $24.08 billion. This is considered a Large Cap stock.

In the last 3 years, TEF stock traded as high as $5.39 and as low as $3.10.

The top ETF exchange traded funds that TEF belongs to (by Net Assets): AVDE, DFIC, TDIV, APIE, DFAI.

TEF stock has underperformed the market in the last year with a return of +2.3%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TEF shares. However, TEF has outperformed the market in the last 3 month and 2 week periods, returning +4.7% and -1.6%, while SPY returned +4.3% and -3.5%, respectively. This indicates TEF has been having a stronger performance recently.

TEF support price is $4.17 and resistance is $4.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TEF stock will trade within this expected range on the day.