22.08.2017 12:42:00
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Initiating Research Reports on Wireless Communications Equities -- NII Holdings, Vodafone, xG Technology, and Telefonica Brasil
NEW YORK, August 22, 2017 /PRNewswire/ --
If you want a Stock Review on NIHD, VOD, XGTI, or VIV then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on NII Holdings Inc. (NASDAQ: NIHD), Vodafone Group PLC (NASDAQ: VOD), xG Technology Inc. (NASDAQ: XGTI), and Telefonica Brasil S.A. (NYSE: VIV). Wireless Telecommunication carriers operate and maintain switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this market are cellular phone services, wireless internet access, and wireless video. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/
NII Holdings
Reston, Virginia-based NII Holdings Inc.'s stock finished Monday's session 0.75% higher at $0.65 with a total trading volume of 351,984 shares. The Company's shares have advanced 10.40% in the past month and 22.97% over the previous three months. The stock is trading above its 50-day moving average by 3.32%. Furthermore, shares of NII Holdings, which provides wireless communication services under the Nextel brand in Brazil, have a Relative Strength Index (RSI) of 58.72.
On August 09th, 2017, NII Holdings announced its financial results for Q2 2017. For Q2 2017, the Company generated consolidated operating revenues of $225 million; a consolidated operating loss of $69 million; and consolidated adjusted OIBDA loss of $5 million. The Company also reported 29,000 3G net subscriber losses in the quarter and 104,000 subscriber losses on its iDEN network. Visit us today and access our complete research report on NIHD at:
http://dailystocktracker.com/registration/?symbol=NIHD
VodafoneGroup
Shares in Newbury, the UK-based Vodafone Group PLC ended at $28.70, up 0.53% from the last trading session. The stock recorded a trading volume of 2.31 million shares. The Company's shares have gained 17.48% on an YTD basis. The stock is trading 6.82% above its 200-day moving average. Moreover, shares of Vodafone, which provides mobile communications services in Europe, Middle-East, Africa, Asia/Pacific, and the US, have an RSI of 40.63.
On August 09th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary report on VOD can be downloaded at:
http://dailystocktracker.com/registration/?symbol=VOD
xG Technology
Sarasota, Florida headquartered xG Technology Inc.'s stock ended yesterday's session 4.40% lower at $1.74 with a total trading volume of 595,846 shares. The Company's shares have advanced 28.89% on an YTD basis. The stock is trading 13.05% below its 50-day moving average. Additionally, shares of xG Technology, which designs, develops, and delivers advanced wireless communications solutions worldwide, have an RSI of 33.14.
On August 18th, 2017, xG Technology announced the closing of its previously reported registered direct offering of 1,560,978 shares of its common stock at an offering price of $2.05 per share, and its concurrent private placement of common stock purchase warrants to purchase 780,489 shares of common stock. The warrants have a per-share exercise price of $2.50, are exercisable immediately, and will expire five years from the date of issuance. Register for free on DailyStockTracker.com and access the latest research report on XGTI at:
http://dailystocktracker.com/registration/?symbol=XGTI
Telefonica Brasil
On Monday, shares in Sao Paulo, Brazil headquartered Telefonica Brasil S.A. recorded a trading volume of 1.05 million shares. The stock finished 1.47% higher at $15.14. The Company's shares have advanced 4.56% in the last one month, 9.85% in the previous three months, and 14.52% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.85% and 6.69%, respectively. Furthermore, shares of Telefonica Brasil, which provides mobile and fixed line telecommunications services to residential and corporate customers in Brazil, have an RSI of 60.22.
On July 26th, 2017, Telefonica Brasil announced its results for Q2 2017. For the quarter, net operating revenues were R$10.7 billion; net income totaled R$872.9 million; and EBITDA totaled R$3.5 billion. In Q2 2017, mobile market share expansion reached 30.7% and broadband accesses totaled 7.4 million customers. Get free access to your research report on VIV at:
http://dailystocktracker.com/registration/?symbol=VIV
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