Telefonica Brasil (NYSE:VIV) Shares Cross Above 200 Day Moving Average of $13.03

Share on StockTwits

Telefonica Brasil SA (NYSE:VIV)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.03 and traded as high as $13.46. Telefonica Brasil shares last traded at $13.40, with a volume of 628,385 shares trading hands.

A number of equities research analysts recently commented on the stock. ValuEngine cut shares of Telefonica Brasil from a “hold” rating to a “sell” rating in a research report on Thursday, August 15th. TheStreet raised shares of Telefonica Brasil from a “c+” rating to a “b-” rating in a research report on Tuesday, October 22nd. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $13.50.

The stock’s 50-day moving average is $13.17 and its 200 day moving average is $13.03. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.09 and a quick ratio of 1.05. The company has a market cap of $22.60 billion, a PE ratio of 9.61, a PEG ratio of 1.86 and a beta of 0.68.

Telefonica Brasil (NYSE:VIV) last posted its earnings results on Tuesday, November 5th. The Wireless communications provider reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.06). Telefonica Brasil had a net margin of 11.88% and a return on equity of 7.27%. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.72 billion. On average, analysts expect that Telefonica Brasil SA will post 0.82 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lenox Wealth Advisors LLC purchased a new position in shares of Telefonica Brasil in the third quarter worth $34,000. Usca Ria LLC purchased a new position in shares of Telefonica Brasil in the third quarter worth $46,000. Point72 Asset Management L.P. purchased a new position in shares of Telefonica Brasil in the third quarter worth $90,000. Assetmark Inc. purchased a new position in shares of Telefonica Brasil in the second quarter worth $99,000. Finally, Redhawk Wealth Advisors Inc. purchased a new position in shares of Telefonica Brasil in the second quarter worth $117,000. 8.98% of the stock is owned by institutional investors and hedge funds.

Telefonica Brasil Company Profile (NYSE:VIV)

TelefĂ´nica Brasil SA provides mobile and fixed telecommunications services to residential and corporate customers in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband Internet access through 3G, 4G, and 4.5G, as well as mobile value-added services and wireless roaming services.

Further Reading: What is the Shanghai Stock Exchange Composite Index?

Receive News & Ratings for Telefonica Brasil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica Brasil and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

PeepCoin One Day Volume Reaches $10.00
PeepCoin One Day Volume Reaches $10.00
TaaS Market Capitalization Hits $5.85 Million
TaaS Market Capitalization Hits $5.85 Million
NavCoin Market Capitalization Tops $6.09 Million
NavCoin Market Capitalization Tops $6.09 Million
Coineal Token  One Day Trading Volume Reaches $26,545.00
Coineal Token One Day Trading Volume Reaches $26,545.00
Liberty Sirius XM Group Series A  Price Target Raised to $58.00 at Citigroup
Liberty Sirius XM Group Series A Price Target Raised to $58.00 at Citigroup
Antero Resources  Given New $6.75 Price Target at Guggenheim
Antero Resources Given New $6.75 Price Target at Guggenheim


 
© 2006-2019 Zolmax.