NII (NIHD) Stock Price Down 14.1%
NII Holdings Inc (NASDAQ:NIHD) traded down 14.1% on Tuesday . The stock traded as low as $2.11 and last traded at $1.95. 143,660 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 1,433,295 shares. The stock had previously closed at $2.27.
Separately, BidaskClub raised shares of NII from a “sell” rating to a “hold” rating in a research report on Monday, January 7th.
NII (NASDAQ:NIHD) last released its earnings results on Monday, March 18th. The Wireless communications provider reported $0.02 earnings per share for the quarter. The company had revenue of $141.70 million during the quarter. During the same period in the prior year, the firm earned ($0.95) earnings per share.
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NII Company Profile (NASDAQ:NIHD)
NII Holdings, Inc, through its subsidiaries, provides wireless communication services to the individual consumers under the Nextel brand in Brazil. The company offers its services through wideband code division multiple access and long-term evolution networks. Its services include mobile telephone voice and wireless data, international voice and data roaming, and application-based radio connection services.
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