Somewhat Positive Press Coverage Somewhat Unlikely to Affect NII Holdings (NASDAQ:NIHD) Share Price

Press coverage about NII Holdings (NASDAQ:NIHD) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NII Holdings earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the Wireless communications provider an impact score of 44.7643968094785 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

NII Holdings (NASDAQ NIHD) traded down $0.01 during trading hours on Friday, reaching $0.41. The company’s stock had a trading volume of 79,700 shares, compared to its average volume of 1,017,268. NII Holdings has a one year low of $0.36 and a one year high of $3.45. The company has a debt-to-equity ratio of -57.69, a quick ratio of 0.82 and a current ratio of 0.82.

NII Holdings (NASDAQ:NIHD) last announced its earnings results on Wednesday, August 9th. The Wireless communications provider reported ($0.87) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.56) by ($0.31). The business had revenue of $225.10 million for the quarter. NII Holdings had a negative return on equity of 239.02% and a negative net margin of 36.34%. During the same quarter last year, the firm posted ($0.10) earnings per share. equities research analysts anticipate that NII Holdings will post -1.14 EPS for the current fiscal year.

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About NII Holdings

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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