Shares of OI S A/S (NYSE:OIBR.C) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.68 and traded as high as $1.16. OI S A/S shares last traded at $1.12, with a volume of 22,779 shares trading hands.
The company’s 50-day moving average is $1.20 and its 200 day moving average is $1.66.
About OI S A/S (NYSE:OIBR.C)
Oi SA, a switched fixed-line telephony services concessionaire, provides integrated telecommunication services in Brazil. The company offers fixed telephony services, including voice, data communication, and pay TV services; local and intraregional long-distance carrier services; domestic and international long-distance services; mobile telephony and corporate solutions; and installation, maintenance, and repair services, as well as value-added services and commercial data transmission services.
Recommended Story: How to build a Fibonacci channel
Receive News & Ratings for OI S A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OI S A/S and related companies with MarketBeat.com's FREE daily email newsletter.