Oi SA (OIBR) in Focus: Stock Moves 8.9% Higher - Tale of the Tape


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Oi SA ( OIBR ) was a big mover last session, as the company saw its shares rise almost 9%. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $1.51-$1.61 since Nov 7.

There were no estimate revisions over the past 30 days, while the Zacks Consensus Estimate moved up over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Oi SA currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

However, some better-ranked stocks in the diversified communication services industry include Hawaiian Telcom Holdco, Inc. ( HCOM ), Shenandoah Telecommunications Co. ( SHEN ) and Chunghwa Telecom Co., Ltd. ( CHT ).  While Hawaiian Telcom and Shenandoah Telecommunications sport a Zacks Rank #1 (Strong Buy), Chunghwa Telecom holds a Zacks Rank #2 (Buy).

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CHUNGHWA TELECM (CHT): Free Stock Analysis Report

HAWAIIAN TELCOM (HCOM): Free Stock Analysis Report

OI SA (OIBR): Free Stock Analysis Report

SHENANDOAH TELE (SHEN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: CHT , HCOM , OIBR , SHEN

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