February 14, 2018 – By Vivian Park
Shares of TAS Tecnologia Avanzata dei Sistemi S.p.A. (BIT:TAS) closed at 2 yesterday. TAS Tecnologia Avanzata dei Sistemi S.p.A. currently has a total float of 83.54 million shares and on average sees 65,186 shares exchange hands each day. The stock now has a 52-week low of 1.7 and high of 3.04.
The Italian Equity Market
The European economy is immensely growing and Italy is one of the many reasons behind such success. The companies that work at its markets as TAS Tecnologia Avanzata dei Sistemi S.p.A. prefer to stay there as long as possible.
Italy cannot be underestimated when it comes to corporate governance. Its capacities as a nation go beyond the tourism front. The blooming Italian equity market is a sure testament to that.
The Italian economy might just be one of the best contributors to the growth of the European economy. It is because of countries like Italy that Europe had become the enormous regional success that it is known today. It gives more possibilities to the TAS Tecnologia Avanzata dei Sistemi S.p.A. stocks.
Borsa Italiana/Italia Borsa/Piazza Affari
The Borsa Italiana is the primary stock exchange in Italy that is based at the Palazzo Mezzanotte in Milan. It had been established in February 1808 by Eugène de Beauharnais, Napoleonic Kingdom of Italy Viceroy— making it one of the oldest stock exchanges in the world. Like most stock exchanges, the Borsa Italiana had initially been a public entity. It had not been privatized until 1998.
In 2007, the Borsa Italiana had been acquired in an all-stock transaction by London Stock Exchange Group, leading to its merger with the London Stock Exchange.
Presently, more than 300 companies are listed on the Borsa Italiana, bringing its total market capitalization to about $645 billion.
The pre-market session on the Borsa Italiana begins at 8:00 a.m. and concludes at 9:00 a.m.; the regular session begins at 9:00 a.m. and concludes at 5:30 p.m.; and the post-market session begins at 6:00 p.m. and concludes at 8:30 p.m. The Borsa Italiana has one of the longest trading hours in the world. This gives domestic and international investors alike the opportunity to trade on it with enough time. And TAS Tecnologia Avanzata dei Sistemi S.p.A. to receive an attention from these investors.
FTSE Milano Italia Borsa (MIB)
The FTSE MIB is the benchmark index in Italy. It is a free-float market-capitalization-weighted index that measures the 40 biggest companies listed on the Borsa Italiana. It had replaced the MIB30, which measures the 30 biggest companies listed on the Borsa Italiana, in September 2004.
The FTSE MIB i formerly known as the S&P/MIB because the S&P operated it until June 2009 when the FTSE had taken over.
Representing roughly 80% of the total market capitalization on the Borsa Italiana, the FTSE MIB is a powerful indicator of the Italian economy’s situation. It is quarterly rebalanced to make sure that the components provide a clearer indication of the trade and commerce environment in Italy.
The FTSE MIB holds an all-time high of 50,108.56, which had last been seen in March 2000; and an all-time low of 12,362.50, which had last been seen in July 2012 after the Spanish debt dilemma rippled adversaries throughout Europe.
Italy is an ideal place to invest in, especially for those who are seeking meaningful returns. They can also check validity of TAS Tecnologia Avanzata dei Sistemi S.p.A.. With it serving as one the nations in Europe with compelling economies, investors are highly recommended to trade on the Borsa Italiana as a way of betting on Italy’s economic growth prospects.
More notable recent TAS Tecnologia Avanzata dei Sistemi S.p.A. (BIT:TAS) news were published by: Reuters.com which released: “Tas Tecnologia Avanzata dei Sistemi 9-month net loss narrows to EUR 1.9 â€â€‹mln” on November 08, 2017, also Reuters.com with their article: “TAS H1 net loss shrinks to EUR 1.9â€â€‹ mln” published on September 22, 2017, Reuters.com published: “Wealthintel, Inc. and TAS Group sign LOI to develop W$Tâ€™s disruptive payment technology” on June 15, 2017. More interesting news about TAS Tecnologia Avanzata dei Sistemi S.p.A. (BIT:TAS) were released by: Reuters.com and their article: “TAS Tecnologia Avanzata dei Sistemi FY net loss shrinks to EUR 3.3 mln” published on March 16, 2017 as well as Reuters.com‘s news article titled: “TAS Tecnologia Avanzata dei Sistemi partners with CewTec in Latin America” with publication date: March 01, 2017.
TAS Tecnologia Avanzata dei Sistemi S.p.A. provides software solutions for electronic money, payments, capital markets, and ERP systems in Italy. The company has market cap of 167.07 million EUR. It offers TAS cashless 3.0, an end-to-end card payment solution and universal channel management solution for card and token related payments; and EasyBranch, a suite that manages ATM channels. It currently has negative earnings. In addition, it offers TAS Network Gateway, a platform for financial messaging that connects clients to national or international interbank network; TAS Network Gateway for Score that helps to make payments and receive cash management information; TAS CBT FINPlatform, a solution that radically simplifies FIN connectivity through a direct interface for SWIFTNet FIN protocol; TAS Advanced Monitor, the TAS Network Gateway component, which performs monitoring of all applications; and TAS Service Bureau for financial communications enables banks and corporates to reach various financial institutions.
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