OI (OTCMKTS:OIBRQ) Stock Price Up 1,648.3% – Here’s What Happened

Oi S.A. (OTCMKTS:OIBRQGet Free Report)’s stock price was up 1,648.3% on Friday . The stock traded as high as $1.75 and last traded at $1.75. Approximately 126 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 233 shares. The stock had previously closed at $0.10.

OI Stock Performance

The business’s 50-day moving average is $0.13 and its two-hundred day moving average is $0.11.

About OI

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Oi SA, together with its subsidiaries, provides telecommunication services in Brazil and internationally. The company offers fixed telephony services; domestic and international long-distance services; and maintenance and repair services. It also provides call center and telemarketing, Internet, network, and Wi-Fi Internet services; and financial, and payment and credit system services, as well as consulting services.

Further Reading

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