Company Shares of NII Holdings (NASDAQ:NIHD) Rally 3.95%

NII Holdings (NASDAQ:NIHD) has been under a strong bear grip, hence the stock is down -11.65% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.63% in the past 1 week. The stock has risen by 3.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.23% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 4.94% and the 50-Day Moving Average is 13.25%.


NII Holdings (NASDAQ:NIHD): stock turned positive on Friday. Though the stock opened at $3.04, the bulls momentum made the stock top out at $3.16 level for the day. The stock recorded a low of $2.89 and closed the trading day at $3.16, in the green by 6.04%. The total traded volume for the day was 731,006. The stock had closed at $2.98 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Risner John W, director of Nii Holdings Inc, had unloaded 32,250 shares at an average price of $0.05 in a transaction dated on December 4, 2014. The total value of the transaction was worth $1,613.

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