Somewhat Positive News Coverage Somewhat Unlikely to Impact Oi SA (OIBR) Share Price
Media headlines about Oi SA (NYSE:OIBR) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Oi SA earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 45.4582857165127 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Oi SA (NYSE:OIBR) remained flat at $0.17 during midday trading on Wednesday. 617,575 shares of the stock were exchanged. Oi SA has a 1-year low of $0.15 and a 1-year high of $1.54. The company has a 50 day moving average of $0.25 and a 200 day moving average of $0.31.
About Oi SA
Oi SA is an integrated telecommunications service provider in Brazil. The Company is a switched fixed-line telephony services (STFC) concessionaire. It is engaged in the provision of STFC as a local and intraregional long-distance carrier. Its segments include Residential Services, Personal Mobility, and SMEs/Corporate.
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