OI S A/S (NYSE:OIBR.C) Stock Price Down 1%

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OI S A/S (NYSE:OIBR.C) shares were down 1% during trading on Friday . The company traded as low as $1.79 and last traded at $1.79. Approximately 1,436,105 shares changed hands during mid-day trading, an increase of 1,066% from the average daily volume of 123,171 shares. The stock had previously closed at $1.81.

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OI S A/S Company Profile (NYSE:OIBR.C)

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.

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