News coverage about NII (NASDAQ:NIHD) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NII earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the Wireless communications provider an impact score of 45.7846692136444 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
NIHD stock opened at $2.11 on Friday. The stock has a market cap of $212.01, a price-to-earnings ratio of -0.59 and a beta of 0.30. The company has a debt-to-equity ratio of -5.31, a current ratio of 1.60 and a quick ratio of 1.60. NII has a 52-week low of $0.22 and a 52-week high of $2.35.
NII (NASDAQ:NIHD) last released its quarterly earnings results on Thursday, March 8th. The Wireless communications provider reported ($0.63) earnings per share (EPS) for the quarter. The company had revenue of $188.90 million for the quarter. NII had a negative net margin of 35.12% and a negative return on equity of 433.00%. During the same period in the prior year, the business earned ($0.88) EPS.
In other news, major shareholder 683 Capital Management, Llc bought 500,000 shares of the company’s stock in a transaction on Friday, March 9th. The shares were purchased at an average price of $1.40 per share, with a total value of $700,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Joseph D. Samberg bought 56,132 shares of the company’s stock in a transaction on Monday, January 8th. The shares were purchased at an average cost of $0.52 per share, for a total transaction of $29,188.64. The disclosure for this purchase can be found here. Insiders have acquired a total of 2,137,569 shares of company stock valued at $2,020,569 in the last quarter. Company insiders own 0.55% of the company’s stock.
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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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