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:
http://dailystocktracker.com/register/
Telefonica Brasil
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:
http://dailystocktracker.com/registration/?symbol=VIV
NII Holdings
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:
http://dailystocktracker.com/registration/?symbol=NIHD
China Mobile
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:
http://dailystocktracker.com/registration/?symbol=CHL
xG Technology
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:
http://dailystocktracker.com/registration/?symbol=XGTI
--
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