Somewhat Favorable Media Coverage Somewhat Unlikely to Affect NII Holdings (NIHD) Stock Price
Press coverage about NII Holdings (NASDAQ:NIHD) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NII Holdings earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the Wireless communications provider an impact score of 46.251381618277 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of NII Holdings (NASDAQ NIHD) opened at 0.5234 on Friday. The company’s market capitalization is $52.59 million. The company has a 50-day moving average price of $0.55 and a 200-day moving average price of $1.18. NII Holdings has a 52 week low of $0.50 and a 52 week high of $3.48.
NII Holdings (NASDAQ:NIHD) last posted its quarterly earnings data on Wednesday, August 9th. The Wireless communications provider reported ($0.87) EPS for the quarter, missing the consensus estimate of ($0.56) by ($0.31). NII Holdings had a negative return on equity of 205.87% and a negative net margin of 171.47%. The company had revenue of $225.10 million during the quarter. During the same quarter in the prior year, the business earned ($0.10) earnings per share. Analysts predict that NII Holdings will post ($1.17) earnings per share for the current year.
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NII Holdings Company Profile
NII Holdings, Inc provides wireless communication services under the Nextel brand in Brazil. It offers mobile telephone voice services; wireless data services, including text messaging, mobile Internet, and email services; and push-to-talk services, such as Direct Connect, and Prip and International Direct Connect services, which allow subscribers to talk to each other instantly.
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