OI (OTCMKTS:OIBRQ) Sets New 12-Month High – Time to Buy?

Oi S.A. (OTCMKTS:OIBRQGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $4.01 and last traded at $4.01, with a volume of 0 shares. The stock had previously closed at $4.01.

OI Stock Down 97.5 %

The company’s fifty day moving average price is $2.97 and its 200-day moving average price is $1.02.

OI Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 8th were given a dividend of $0.0755 per share. This represents a dividend yield of 1.88%. The ex-dividend date of this dividend was Monday, October 7th. This is a positive change from OI’s previous dividend of $0.00.

OI Company Profile

(Get Free Report)

Oi SA, together with its subsidiaries, provides telecommunication services in Brazil and internationally. The company offers fixed telephony services; domestic and international long-distance services; and maintenance and repair services. It also provides call center and telemarketing, Internet, network, and Wi-Fi Internet services; and financial, and payment and credit system services, as well as consulting services.

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