Oi S.A. (OTCMKTS:OIBRQ – Get Free Report)’s share price dropped 96% during trading on Friday . The stock traded as low as $0.10 and last traded at $0.10. Approximately 592 shares changed hands during trading, an increase of 492% from the average daily volume of 100 shares. The stock had previously closed at $2.50.
OI Stock Performance
The business’s 50-day moving average price is $0.34 and its two-hundred day moving average price is $1.47.
OI Company Profile
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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