NEW YORK, June 8, 2017 /PRNewswire/ --
DailyStockTracker.com shifts focus on four Wireless Communications equities, namely: Telefonica Brasil S.A. (NYSE: VIV), NII Holdings Inc. (NASDAQ: NIHD), China Mobile Ltd (NYSE: CHL), and xG Technology Inc. (NASDAQ: XGTI). The Wireless Telecommunications Carriers industry operates and maintains switching and transmission facilities to provide direct communications through the airwaves. Industry services include cellular mobile phone services, paging services, wireless Internet access, and wireless video services. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
Sao Paulo, Brazil headquartered Telefonica Brasil S.A.'s stock finished Wednesday's session 0.28% higher at $14.30. A total volume of 1.98 million shares was traded, which was above their three months average volume of 1.51 million shares. Over the previous three months and since the start of this year, the Company's shares have advanced 0.21% and 8.02%, respectively. The stock is trading above its 200-day moving average by 0.84%. Moreover, shares of Telefonica Brasil, which provides mobile and fixed line telecommunications services to residential and corporate customers in Brazil, have a Relative Strength Index (RSI) of 48.21.
On May 09th, 2017, Telefonica Brasil announced its results for Q1 2017. Net operating revenues for the quarter were R$10.6 billion, EBITDA was R$3.5 billion, CapEx was R$1.3 billion, and recurring net income was R$996.2 million. Mobile ARPU recorded year-over-year growth of 4.1% in Q1 2017, fueled by a higher share of postpaid clients in the mix and increased data usage. Data ARPU grew 35.8% year-over-year during the quarter, corresponding to 68.6% of total ARPU. Your complete research report on VIV can be retrieved for free at:
Shares in Reston, Virginia-based NII Holdings Inc. ("NIHD)declined 4.57%, ending yesterday's session at $0.81. A total volume of 2.67 million shares was traded, which was above their three months average volume of 1.73 million shares. The stock has gained 72.36% in the past month. The Company's shares are trading 1.60% below their 50-day moving average. Moreover, shares of NIHD, which provides wireless communication services under the Nextel brand in Brazil, have an RSI of 56.32.
On June 06th, 2017, NIHD and AINMT Holdings AB, an international telecommunications company, announced that they have entered into an agreement to jointly own and operate Brazilian mobile telecommunications company Nextel Brazil. The partnership is expected to provide Nextel Brazil with a significant increase in capital to revitalize the business and enable it to pursue a growth strategy that NIHD could not fund alone. A free report on NIHD is just a click away at:
On Wednesday, Central, Hong Kong-based China Mobile Ltd's stock saw a slight drop of 0.16%, to close the day at $54.68. A total volume of 284,073 shares was traded. The Company's shares have advanced 0.72% in the last one month and 4.29% on an YTD basis. The stock is trading 0.02% below its 50-day moving average. Additionally, shares of China Mobile, which provides mobile telecommunications and related services in Mainland China and Hong Kong, have an RSI of 44.39. Sign up for your complimentary research report on CHL at:
Shares in Sarasota, Florida headquartered xG Technology Inc. ended the day 2.25% higher at $1.82. A total volume of 244,281 shares was traded. The stock has gained 28.17% in the last one month, 15.19% in the previous three months, and 34.81% since the start of this year. The Company's shares are trading above their 50-day moving average by 15.20%. Furthermore, shares of xG Technology, which designs, develops, and delivers advanced wireless communications solutions worldwide, have an RSI of 56.61.
On May 24th, 2017, xG Technology announced that its IMT and Vislink businesses have received approximately $3 million in new order and pre-order commitments directly resulting from their appearance at the NAB 2017 Show. Subsequent to the show, which took place from April 22nd, 2017, to April 27th, 2017, upwards of 20% of these commitments have been converted into firm orders. Register for free on DailyStockTracker.com and download the latest research report on XGTI at:
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