NII Holdings Cmn (NASDAQ:NIHD) shares traded -3.37% down during most recent session to reach at the closing price of $0.66. The stock exchanged hands 17.95 Million shares versus average trading capacity of 1.83 Million shares, yielding a market cap of $68.64 Million. Wall Street analysts covering the stock are projecting that the stock will reach $1 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have NII Holdings Cmn (NASDAQ:NIHD) high price target of $1 and with a conservative view have low price target of $1.
Jefferies “Maintained” NII Holdings Cmn (NASDAQ:NIHD) in a research note issued to investors on 11/23/16 to Underweight with price target of $1.5.
Additionally on 10/06/15 Jefferies “Initiates Coverage on” NII Holdings Cmn (NASDAQ:NIHD) to Underperform setting price target at $4.5 and on 4/29/14 Citigroup “Maintained” the stock to Sell at $0.7. Furthermore on 4/11/14 Barclays “Maintained” the stock to Underweight at $0.5.
On the other hand the company has Relative Strength Index (RSI 14) of 45.31 along with Average True Range (ATR 14) of 0.14, Consequently NII Holdings Cmn (NASDAQ:NIHD)’s weekly and monthly volatility is 10.92%, 24.78% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, NII Holdings Cmn (NASDAQ:NIHD) has analysts’ mean recommendation of 4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Previously NII Holdings Cmn (NASDAQ:NIHD) reported $-3.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $-2.3 by $-1.32. The company posted an earnings surprise of -57.4%.
Currently NII Holdings Cmn (NASDAQ:NIHD)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 99.5%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -7.2%.
NII Holdings Cmn (NASDAQ:NIHD) 52-week high price stands at $3.96 and low price stands at $0.36, its price distance from 52-week high is -83.35% while its distance from 52-week low price is 82.66%. The stock hit its 52-week high on 06/20/16, and 52-week low on 05/12/17.
NII Holdings Cmn (NASDAQ:NIHD)’s trailing twelve month revenues are $1.01 Billion, whereas its price to sales ratio for the same period is 0.07. Its book value per share for the most recent quarter is $0.67 while its price to book ratio for the same period is 0.98, as for as the company’s cash per share for the most recent quarter is $2.05, however its price to cash per share ratio for the same period is 0.32. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.