NII Holdings, Inc. (NIHD) Rises A lot Today, Is Now One of The Best Performer

April 22, 2018 - By Vivian Park

NII Holdings, Inc. (NASDAQ:NIHD) Logo

The stock of NII Holdings, Inc. (NASDAQ:NIHD) is a huge mover today! The stock increased 2.13% or $0.06 during the last trading session, reaching $2.88. About 1.01 million shares traded. NII Holdings, Inc. (NASDAQ:NIHD) has risen 83.48% since April 22, 2017 and is uptrending. It has outperformed by 71.93% the S&P500.
The move comes after 6 months positive chart setup for the $289.38M company. It was reported on Apr, 22 by Barchart.com. We have $3.08 PT which if reached, will make NASDAQ:NIHD worth $20.26 million more.

NII Holdings, Inc. provides wireless communication services under the Nextel brand in Brazil. The company has market cap of $289.38 million. 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. It currently has negative earnings. The firm also provides other value-added services comprising location services, which include the use of global positioning system technologies; digital media services; and a range of applications available via its content management system, as well as the Android open application market.

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