Communications Equipment Equities Under the Scanner - Brocade Communications Systems, Infinera, Finisar, ADTRAN, and F5 Networks
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LONDON, January 23, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Brocade Communications Systems Inc. (NASDAQ: BRCD), Infinera Corporation (NASDAQ: INFN), Finisar Corporation (NASDAQ: FNSR), ADTRAN Inc. (NASDAQ: ADTN), and F5 Networks Inc. (NASDAQ: FFIV). Free research report on Brocade Communications Systems can be accessed at http://get.Investor-Edge.com/pdf/?c=Brocade%20Communications%20Systems&d=23-Jan-2015&s=BRCD. On Thursday, January 22, 2015, the NASDAQ Composite ended at 4,750.40, up 1.78%, the Dow Jones Industrial Average advanced 1.48%, to finish the day at 17,813.98, and the S&P 500 closed at 2,063.15, up 1.53%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 692.29, up 1.96%, with the index also advancing 9.12% in the previous three months. Register for your complimentary reports at the links given below.
Brocade Communications Systems Inc.'s stock finished Thursday's session 0.26% higher at $11.54. A total of 7.02 million shares were traded, which was above its three months average volume of 4.28 million shares. The stock moved between $11.34 and $11.55 during the session. Over the last three months and the previous one year, Brocade Communications Systems Inc.'s shares have surged 19.83% and 21.22%, respectively. However, the stock has declined 1.62% in the past one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $11.46 is greater than its 200-day moving average of $10.04. Brocade Communications Systems Inc.'s stock traded at a PE ratio of 17.57 and has a Relative Strength Index (RSI) of 47.00. Sign up and read the free notes on BRCD at:
http://get.Investor-Edge.com/pdf/?c=Brocade%20Communications%20Systems&d=23-Jan-2015&s=BRCD
On Thursday, shares in Infinera Corp. fluctuated between $13.81 and $14.50 before ending the session 2.27% higher at $14.40. The stock reported a trading volume of 2.56 million shares, above its three months average volume of 2.31 million shares. Shares of the company traded at a PE ratio of 137.59. Infinera Corp.'s shares have surged 6.63% in the previous three trading sessions, 35.72% in the last three months and 88.98% in the last one year. The company's stock is trading above its 50-day and 200-day moving averages of $14.14 and $10.88, respectively. Moreover, shares of Infinera Corp. have an RSI of 50.92. The complimentary notes on INFN can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Infinera&d=23-Jan-2015&s=INFN
Finisar Corp.'s stock gained 1.90%, to close the day at $19.35. The stock recorded a trading volume of 1.19 million shares, below its three months average volume of 1.24 million shares. The stock oscillated between $18.88 and $19.41 during the session. Over the last three trading sessions and over the past three months, Finisar Corp.'s shares have gained 4.14% and 23.48%, respectively. However, the stock has lost 20.07% in the previous one year. The company's stock is trading above its 50-day moving average of $18.14, while the 50-day moving average is below Finisar Corp.'s 200-day moving average of $19.93. Additionally, the stock traded at a PE ratio of 30.91 and has an RSI of 54.56. Register for free on Investor-Edge and access the latest research on FNSR at:
http://get.Investor-Edge.com/pdf/?c=Finisar&d=23-Jan-2015&s=FNSR
On Thursday, shares in ADTRAN Inc. recorded a trading volume of 0.90 million shares, higher than its three months average volume of 0.79 million shares. The stock ended the day at $22.85, which was 0.87% below its previous day's closing of $23.05, and registered an intraday range of $22.67 and $23.43. Shares of the company traded at a PE ratio of 31.15. ADTRAN Inc.'s shares have gained 3.72% in the last one month and 13.26% in the previous three months. However, the stock has lost 16.12% in the past one year. The company's stock is trading above its 50-day and 200-day moving averages of $21.14 and $21.78, respectively. Furthermore, shares of ADTRAN Inc. have an RSI of 67.70. The complete research on ADTN is available for free at:
http://get.Investor-Edge.com/pdf/?c=ADTRAN&d=23-Jan-2015&s=ADTN
F5 Networks Inc.'s stock plummeted 9.96%, to close Thursday's session at $113.40, after oscillating between $108.60 and $114.62. The stock recorded a trading volume of 9.27 million shares, much above its three months average volume of 0.96 million shares. Over the last three months and the previous one year, F5 Networks Inc.'s shares have advanced 0.59% and 16.33%, respectively. However, the stock has declined 10.21% in the last three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $129.50 is above its 200-day moving average of $117.53. Further, the stock traded at a PE ratio of 25.60 and has an RSI of 41.77. On January 21, 2014 (for previous day's reporting), F5 Networks Inc. announced its Q1 FY 2015 financial results. For Q1 FY 2015, the company reported net income attributable to F5 Networks Inc. of $89.1 million, or $1.21 per diluted share. Free in depth research on FFIV is available at:
http://get.Investor-Edge.com/pdf/?c=F5%20Networks&d=23-Jan-2015&s=FFIV
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