Ingalls & Snyder LLC held its position in shares of NII Holdings, Inc. (NASDAQ:NIHD) during the second quarter, Holdings Channel reports. The fund owned 171,300 shares of the Wireless communications provider’s stock at the end of the second quarter. Ingalls & Snyder LLC’s holdings in NII Holdings were worth $138,000 as of its most recent SEC filing.

NII Holdings, Inc. (NIHD) opened at 0.6147 on Thursday. NII Holdings, Inc. has a one year low of $0.36 and a one year high of $3.63. The stock’s 50 day moving average price is $0.62 and its 200 day moving average price is $1.15. The company’s market capitalization is $61.82 million.

NII Holdings (NASDAQ:NIHD) last issued its quarterly earnings data on Wednesday, May 10th. The Wireless communications provider reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.55) by $0.28. NII Holdings had a negative return on equity of 30.56% and a negative net margin of 159.96%. The firm had revenue of $251 million during the quarter. During the same quarter last year, the company earned ($0.37) earnings per share. Equities analysts anticipate that NII Holdings, Inc. will post ($1.17) EPS for the current fiscal year.

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Separately, Zacks Investment Research downgraded NII Holdings from a “hold” rating to a “sell” rating in a report on Friday, May 12th.

Want to see what other hedge funds are holding NIHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NII Holdings, Inc. (NASDAQ:NIHD).

Institutional Ownership by Quarter for NII Holdings (NASDAQ:NIHD)

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