Communications Equipment Stocks Roundup -- Research on ADTRAN, Infinera, Sierra Wireless, and Harmonic

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 advanced 0.91%, to finish the day 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 sectors ended the session in positive. The S&P 500 Information Technology Sector Index closed the day at 581.14, up 1.05%, whereas the same has declined 0.53% in the last one month. Investor-Edge has initiated coverage on the following equities: ADTRAN Inc. (NASDAQ: ADTN), Infinera Corp. (NASDAQ: INFN), Sierra Wireless Inc. (NASDAQ: SWIR) and Harmonic Inc. (NASDAQ: HLIT). Free technical research on ADTN, INFN, SWIR and HLIT can be downloaded upon signing up at:

http://www.investor-edge.com/1242-register

ADTRAN Inc.'s stock finished the Monday's session 1.03% higher at $23.57. A total of 0.93 million shares were traded, which is above its three months average volume of 0.64 million shares. The stock traded between $23.35 and $24.28 during the trading session. Shares of the company traded at a PE ratio of 34.89. ADTRAN Inc.'s stock has plummeted 7.09% in the previous three trading sessions, 8.22% in the last one month and 12.74% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. ADTRAN Inc.'s 200-day moving average of $25.58 is above its 50-day moving average of $25.57. Moreover, shares of the company have a Relative Strength Index of 35.62. Sign up today to read free research on ADTN at:

http://www.investor-edge.com/1242-ADTN-15Apr2014.pdf

Infinera Corp.'s stock advanced 1.73%, to close the day at $8.23. The stock recorded a trading volume of 1.03 million shares, as compared with its three months average volume of 1.97 million shares. The stock oscillated between $8.10 and $8.26 during the trading session. Infinera Corp.'s shares have lost 4.08% in the previous three trading sessions, 12.17% in the last one month and 15.85% on YTD basis. Infinera Corp.'s stock is trading below its 50-day and 200-day moving averages of $8.77 and $9.85, respectively. Moreover, shares of the company have an RSI of 36.77. Sign up today to read free research on INFN at:

http://www.investor-edge.com/1242-INFN-15Apr2014.pdf

On Monday, Shares in Sierra Wireless Inc. registered a trading volume of 0.44 million shares, as compared with its three months average volume of 0.77 million shares. The stock ended the day at $21.07, up 2.98% and at an intraday range of $20.35 and $21.24. Sierra Wireless Inc.'s shares have plummeted 5.98% in the previous three trading sessions, 10.68% in the last one month and 12.83% on YTD basis. The stock is trading above its 200-day moving average. Sierra Wireless Inc.'s 50-day moving average of $21.43 is above its 200-day moving average of $18.13. Furthermore, shares of the company have an RSI of 40.07. Sign up today to read free research on SWIR at:

http://www.investor-edge.com/1242-SWIR-15Apr2014.pdf

Shares in Harmonic Inc. fluctuated between $6.47 and $6.62 before ending Monday's session 0.31% higher at $6.50. Harmonic Inc.'s stock reported a trading volume of 0.39 million shares, as compared with its three months average volume of 0.63 million shares. Harmonic Inc.'s shares have declined 6.34% in the previous three trading sessions, and 11.92% on YTD basis, while the same has gained 0.15% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $6.64 and $7.17, respectively. Additionally, the stock traded at a PE ratio of 26.83 and has an RSI of 38.16. Sign up today to read free research on HLIT at:

http://www.investor-edge.com/1242-HLIT-15Apr2014.pdf


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