Pharol SGPS (OTCMKTS:PTGCY) Shares Down 5.9%

Pharol SGPS SA (OTCMKTS:PTGCY)’s share price was down 5.9% during trading on Wednesday . The company traded as low as $0.10 and last traded at $0.13, approximately 15,534 shares traded hands during mid-day trading. A decline of 27% from the average daily volume of 21,176 shares. The stock had previously closed at $0.14.

The business’s fifty day simple moving average is $0.12 and its 200 day simple moving average is $0.13.


Pharol, SGPS SA through its investment and partnership with Oi, SA, provides fixed-mobile convergent, mobile broadband, pay-TV, and triple play services to corporate customers in Brazil. The company was formerly known as Portugal Telecom, SGPS, SA and changed its name to Pharol, SGPS SA in May 2015. Pharol, SGPS SA was founded in 1994 and is headquartered in Lisbon, Portugal.

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