Barclays downgraded shares of Oi SA em Recuperacao Judicial (OTCMKTS:OIBRQ) to a sell rating in a research note released on Tuesday.

OIBRQ stock opened at $0.51 on Tuesday. Oi SA em Recuperacao Judicial has a 1 year low of $0.40 and a 1 year high of $1.68.

Oi SA em Recuperacao Judicial (OTCMKTS:OIBRQ) last released its quarterly earnings results on Monday, August 13th. The company reported ($0.52) earnings per share (EPS) for the quarter. The company had revenue of $1.55 billion for the quarter.

About Oi SA em Recuperacao Judicial

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.

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