(VIANEWS) – The Market ended the session with PHAROL (PHR.LS) rising 14.56% to €0.05 on Wednesday, following the last session’s upward trend. PSI rose 1.41% to €6,142.55, after four sequential sessions in a row of gains, on what was an all-around up trend exchanging session today.
PHAROL’s last close was €0.04, 47.72% under its 52-week high of €0.08.
About PHAROL
Pharol, SGPS S.A., through its investment in Oi, S.A., provides fiber to the home services to residential customers in Brazil. The company was formerly known as Portugal Telecom, SGPS, SA and changed its name to Pharol, SGPS S.A. in May 2015. Pharol, SGPS S.A. was founded in 1877 and is headquartered in Lisbon, Portugal.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.04%.
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