The shares of OTE, a telecommunications company in Greece, have posted a notable recovery, hitting 17 euros yesterday, a significant milestone since mid-December. This marks an increase from the lows of 15.8 euros seen earlier this year, with a rise of at least 7%. As a result, the company's market capitalization has improved, now standing at approximately 6.8 billion euros.

The increase in OTE's share price is indicative of positive market sentiment and investor confidence in the company, especially as it moves past its previous lows. The rise could reflect broader trends within the telecommunications sector in Greece, potentially influenced by favorable economic indicators or strategic developments within the company itself.

Analysts have pointed out that while this rise is a positive signal, the statement accompanying the article emphasizes that this is not a recommendation for buying, selling, or holding shares, highlighting the need for caution in investment decisions. This recovery could have implications not only for OTE's market position but also for investor behavior in the local stock market.