Free Trial

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

OI logo with Utilities background

Oi S.A. (OTCMKTS:OIBRQ - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $4.01 and last traded at $4.01, with a volume of 19 shares. The stock had previously closed at $4.01.

OI Price Performance

The business has a 50 day moving average price of $1.28 and a two-hundred day moving average price of $0.44.

OI Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 8th were given a $0.0755 dividend. The ex-dividend date was Monday, October 7th. This represents a yield of 1.88%. This is an increase from OI's previous dividend of $0.00.

About OI

(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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ Central Bank Abandons USD (From Desko Digital) (Ad)

Should you invest $1,000 in OI right now?

Before you consider OI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OI wasn't on the list.

While OI currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines