Stocks Under Scanner in the Communication Equipment Space -- Acacia Communications, ARRIS, QUALCOMM, and Ciena
NEW YORK, October 3, 2017 /PRNewswire/ --
If you want a Stock Review on ACIA, ARRS, QCOM, or CIEN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Monday, October 02, 2017, the NASDAQ Composite ended the trading session at 6,516.72, up 0.32%; the Dow Jones Industrial Average edged 0.68% higher, to finish at 22,557.60; and the S&P 500 closed at 2,529.12, slightly advancing 0.39%. Gains were broad based as eight out of nine sectors ended the day in positive. This Tuesday, DailyStockTracker.com has initiated reports coverage on the following Communication Equipment equities: Acacia Communications Inc. (NASDAQ: ACIA), ARRIS International PLC (NASDAQ: ARRS), QUALCOMM Inc. (NASDAQ: QCOM), and Ciena Corp. (NYSE: CIEN). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
Maynard, Massachusetts headquartered Acacia Communications Inc.'s stock finished Monday's session 1.93% lower at $48.01 with a total trading volume of 419,834 shares. The Company's shares have advanced 19.28% in the previous three months. The stock is trading above its 50-day moving average by 5.35%. Additionally, shares of Acacia Communications, which provides high-speed coherent interconnect products in the Americas, Europe, Middle-East, Africa, and Asia/Pacific region, have a Relative Strength Index (RSI) of 57.12.
On September 19th, 2017, research firm MKM Partners initiated a 'Buy' rating on the Company's stock, with a target price of $64 per share. Sign up and read the free research report on ACIA at:
On Monday, shares in Suwanee, Georgia headquartered ARRIS International PLC recorded a trading volume of 1.27 million shares, which was above its three months average volume of 985.52 thousand shares. The stock ended the session 1.90% higher at $29.03. The Company's shares have advanced 4.20% in the last month. The stock is trading above its 50-day and 200-day moving averages by 5.04% and 4.12%, respectively. Moreover, shares of ARRIS, which together with its subsidiaries, provides media entertainment and data communications solutions in the US and internationally, have an RSI of 61.56. The complimentary research report on ARRS can be downloaded at:
San Diego, California headquartered QUALCOMM Inc.'s shares closed the day .08% higher at $51.88. The stock recorded a trading volume of 4.43 million shares. The stock is trading below its 50-day moving average by 0.55%. Additionally, shares of QUALCOMM, which develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the US, and internationally, have an RSI of 51.17.
On September 15th, 2017, research firm Northland Capital upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Register for free on DailyStockTracker.com and access the latest report on QCOM at:
Shares in Hanover, Maryland headquartered Ciena Corp. finished 2.69% higher at $22.56. The stock recorded a trading volume of 2.20 million shares. The Company's shares have advanced 4.40% in the last month. The stock is trading below its 50-day moving average by 4.06%. Furthermore, shares of Ciena, which provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide, have an RSI of 50.91.
On September 25th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $31 a share to $28 a share. Get free access to your research report on CIEN at:
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