Should You Buy Telefonica Brasil SA (VIV) Stock After it Is Up 2.28% in a Week?

Overall market sentiment has been high on Telefonica Brasil SA (VIV) stock lately. VIV receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Telefonica Brasil SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VIV!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With VIV Stock Today?

Telefonica Brasil SA (VIV) stock is up 1.87% while the S&P 500 has fallen -0.07% as of 12:30 PM on Wednesday, Mar 8. VIV is up $0.14 from the previous closing price of $7.47 on volume of 1,743,303 shares. Over the past year the S&P 500 is lower by -5.18% while VIV has fallen -19.56%. VIV earned $0.47 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.19. To screen for more stocks like Telefonica Brasil SA click here.

More About Telefonica Brasil SA

Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 39% market share. The firm is strongest in the postpaid business, where it has 59 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers. Click Here to get the full Stock Report for Telefonica Brasil SA stock.