Telefonica Brasil S.A Stock Hits New 52-Week Low (VIV)

NEW YORK ( TheStreet) -- Telefonica Brasil S.A (NYSE: VIV) hit a new 52-week low Wednesday as it is currently trading at $24.82, below its previous 52-week low of $24.84 with 143,360 shares traded as of 9:55 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Telefonica Brasil S.A has a market cap of $28.38 billion and is part of the technology sector and telecommunications industry. Shares are down 8.1% year to date as of the close of trading on Tuesday.

Telefonica Brasil, S.A. provides fixed-line telecommunications services to residential and commercial customers in the state of Sao Paulo, Brazil. The company has a P/E ratio of 6.5, below the average telecommunications industry P/E ratio of 10 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Telefonica Brasil S.A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and a generally disappointing performance in the stock itself. You can view the full Telefonica Brasil S.A Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Global Stocks Weaken as Trump Opens New Fronts in Global Trade War

Global Stocks Weaken as Trump Opens New Fronts in Global Trade War

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat