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 Thursday as it is currently trading at $23.36, below its previous 52-week low of $23.69 with 705,979 shares traded as of 10:25 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 $27.88 billion and is part of the technology sector and telecommunications industry. Shares are down 9.2% year to date as of the close of trading on Wednesday.

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 9.9 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

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support