Shares of Telefonica Brasil S.A. (VIV) Sees Large Outflow of Money

Telefonica Brasil S.A. (VIV) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($7.12 million) and the uptick to downtick ratio was 0.3. The transaction value on upticks was $2.99 million and on downticks, the transaction value was $10.11 million. The transaction value of block trades during downticks was $7.02 million. The money flow was negative ($7.02 million), indicating the traders were booking profit on the price strength. Telefonica Brasil S.A. (VIV) rose $0.4 at $14.79, during intraday Monday , a rise of 2.78% over the previous days close.


Shares of Telefonica Brasil S.A. rose by 1.23% in the last five trading days and 3.64% for the last 4 weeks. Telefonica Brasil S.A. is up 22.19% in the last 3-month period. Year-to-Date the stock performance stands at 69.94%.

Telefonica Brasil S.A. (NYSE:VIV): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.62 and $14.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.79, notching a gain of 2.78% for the day. The total traded volume was 2,761,464 . The stock had closed at $14.39 on the previous day.

Telefonica Brasil S.A. is a mobile telecommunications company in Brazil. The Company is a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its, Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband (UBB) (based on its Fiber to the Home infrastructure (FTTH)), Pay TV, information technology and digital services (such as e-health, cloud and financial services). It also has a distribution network with more than 300 of its own stores and approximately 1,800 physical distribution points of sale where its clients can obtain certain services, such as purchasing credit for prepaid phones. Its operations consist of local and long distance fixed telephone services; mobile services, including value-added services; data services, including broadband services and mobile data services, and Pay TV services through direct to home (DTH), among others.

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