ValuEngine Downgrades Oi SA em Recuperacao Judicial (OTCMKTS:OIBRQ) to Hold

Oi SA em Recuperacao Judicial (OTCMKTS:OIBRQ) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Tuesday, February 5th.

OTCMKTS:OIBRQ remained flat at $$0.46 during mid-day trading on Tuesday. 5,220 shares of the company traded hands, compared to its average volume of 54,677. The company has a current ratio of 2.36, a quick ratio of 2.34 and a debt-to-equity ratio of 0.60. Oi SA em Recuperacao Judicial has a twelve month low of $0.23 and a twelve month high of $1.19. The firm has a market cap of $69.85 million, a P/E ratio of 0.04 and a beta of 1.83.

About Oi SA em Recuperacao Judicial

Oi SA, a switched fixed-line telephony services concessionaire, provides integrated telecommunication services in Brazil. The company offers fixed telephony services, including voice, data communication, and pay TV services; local and intraregional long-distance carrier services; domestic and international long-distance services; mobile telephony and corporate solutions; and installation, maintenance, and repair services, as well as value-added services and commercial data transmission services.

See Also: Exchange-Traded Funds (ETFs)

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