Communications Equipment Stocks Review -- Research on Harris, CommScope Holding, Infosonics, and Zhone Technologies
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LONDON, April 15, 2014 /PRNewswire/ --
On Monday, April 14, 2014, the NASDAQ Composite ended at 4,022.69, up 0.57%, the Dow Jones Industrial Average finished 0.91% higher at 16,173.24, and the S&P 500 closed at 1,830.61, up 0.82%. The gains were broad based as all the ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index gained 1.05% to finish the day at 581.14, while the same has edged lower by 0.46% in the last three months. Investor-Edge has initiated coverage on the following equities: Harris Corp. (NYSE: HRS), CommScope Holding Co. Inc. (NASDAQ: COMM), Infosonics Corp. (NASDAQ: IFON) and Zhone Technologies Inc. (NASDAQ: ZHNE). Free technical research on HRS, COMM, IFON and ZHNE can be downloaded upon signing up at:
http://www.investor-edge.com/1256-register
Harris Corp.'s shares finished the session 0.34% lower at $69.34. A total of 0.49 million shares were traded, which is below its three months average volume of 0.67 million shares. The stock fluctuated between $68.63 and $70.20 during the trading session. Shares of the company traded at a PE ratio of 13.92. Harris Corp.'s stock has declined 4.15% in the previous three trading sessions, 4.44% in the last one month and 0.67% on YTD basis. The stock is trading below its 50-day moving average. Harris Corp.'s 50-day moving average of $72.47 is above its 200-day moving average of $63.64. Further, the stock has a Relative Strength Index (RSI) of 36.12. Sign up today to read free research on HRS at:
http://www.investor-edge.com/1256-HRS-15Apr2014.pdf
Shares in CommScope Holding Co. Inc. reported a trading volume of 0.35 million shares, as compared with its three months average volume of 0.71 million shares. The stock ended the day at $23.83, up 1.36% and at an intraday range of $23.02 and $23.91. CommScope Holding Co. Inc.'s shares have gained 9.87% in the last one month and 25.88% on YTD basis, while the same has declined 3.99% in the previous three trading sessions. The stock is trading above its 50-day moving average of $22.09. Furthermore, the stock has an RSI of 50.11. Sign up today to read free research on COMM at:
http://www.investor-edge.com/1256-COMM-15Apr2014.pdf
On Monday, shares in Infosonics Corp. fell by 4.66%, closing the day at $2.66. The stock recorded a trading volume of 0.29 million shares as compared with its three months average volume of 0.83 million shares. The stock oscillated between $2.66 and $2.91 during the trading session. Infosonics Corp.'s stock has fallen by 8.59% in the previous three trading sessions and 29.44% in the last one month, while the same has surged 73.86% on YTD basis. The stock is trading below its 50-day moving average. Infosonics Corp.'s 50-day moving average of $3.35 is above its 200-day moving average of $1.46. Additionally, the stock has an RSI of 36.29. Sign up today to read free research on IFON at:
http://www.investor-edge.com/1256-IFON-15Apr2014.pdf
Zhone Technologies Inc.'s stock recorded a trading volume of 0.35 million shares, as compared with its three months average volume of 0.64 million shares. The stock ended the day at $3.77, down 5.28%, after vacillating between $3.72 and $4.09. The company's shares traded at a PE ratio of 29.00. Zhone Technologies Inc.'s shares have lost 12.33% in the previous three trading sessions, 14.32% in the last one month and 29.40% on YTD basis. The company's stock is trading below its 50-day moving average. Zhone Technologies Inc.'s 50-day moving average of $4.12 is above its 200-day moving average of $3.75. Moreover, shares of the company have an RSI of 43.40. Sign up today to read free research on ZHNE at:
http://www.investor-edge.com/1256-ZHNE-15Apr2014.pdf
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