Communications Equipment Stocks Technical Insight - Brocade Communications Systems, F5 Networks, Riverbed Technology, Finisar, and Palo Alto Networks
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LONDON, October 15, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Brocade Communications Systems Inc. (NASDAQ: BRCD), F5 Networks Inc. (NASDAQ: FFIV), Riverbed Technology Inc. (NASDAQ: RVBD), Finisar Corporation (NASDAQ: FNSR), and Palo Alto Networks Inc. (NYSE: PANW). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, October 14, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 16,315.19, down 0.04% and the NASDAQ Composite closed at 4,227.17, up 0.32%. The S&P 500 finished the session 0.16% higher at 1,877.70. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 621.11, up 0.28%, with the index advancing 6.09% on YTD basis. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Shares in Brocade Communications Systems Inc. advanced 1.09%, to close the day at $9.30. The stock recorded a trading volume of 7.30 million shares, above its three months average volume of 4.58 million shares. The company's shares oscillated between $9.10 and $9.38 during the session. Over the last three trading sessions and over the past one month, Brocade Communications Systems Inc.'s shares have lost 7.09% and 9.36%, respectively. However, the stock has advanced 4.91% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. Brocade Communications Systems Inc. stock's 50-day moving average of $10.03 is above its 200-day moving average of $9.55. Additionally, the stock traded at a PE ratio of 14.48 and has a Relative Strength Index (RSI) of 28.85. Sign up and read the free notes on BRCD at:
www.Investor-Edge.com/BRCD-15Oct2014
On Tuesday, shares in F5 Networks Inc. recorded a trading volume of 1.19 million shares, higher than its three months average volume of 1.04 million shares. The stock ended the day at $109.82, which was 0.66% above its previous day's closing of $109.11, and registered an intraday range of $108.29 and $112.76. Shares of the company traded at a PE ratio of 28.75. Although F5 Networks Inc.'s stock has gained 20.87% on YTD basis, it has lost 4.76% in the previous three trading sessions and 12.20% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages of $120.01 and $110.36, respectively. Furthermore, shares of F5 Networks Inc. have an RSI of 33.73. The complimentary notes on FFIV can be downloaded as in PDF format at:
www.Investor-Edge.com/FFIV-15Oct2014
Riverbed Technology Inc.'s stock edged 0.95% lower to end Tuesday's session at $17.71. The stock recorded a trading volume of 1.60 million shares, above its three months average volume of 1.42 million shares. The company's shares fluctuated between $17.65 and $18.13 during the session. Shares of the company traded at a PE ratio of 91.16. Riverbed Technology Inc.'s shares have fallen by 4.78% over the past three months. Further, the stock has lost 4.73% over the previous three trading sessions and 8.33% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages. Riverbed Technology Inc. stock's 200-day moving average of $19.43 is above its 50-day moving average of $18.64. Additionally, the stock has an RSI of 36.89. Register for free on Investor-Edge and access the latest research on RVBD at:
www.Investor-Edge.com/RVBD-15Oct2014
On Tuesday, shares in Finisar Corp. fluctuated between $14.49 and $14.94 before ending the session 2.88% higher at $14.81. The stock reported a trading volume of 3.92 million shares, higher than its three months average volume of 2.30 million shares. Shares of the company traded at a PE ratio of 15.78. Finisar Corp.'s shares have lost 5.10% in the previous three trading sessions, 18.97% in the last one month, and 38.11% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $18.34 and $22.15, respectively. Moreover, shares of Finisar Corp. have an RSI of 18.23. The complete research on FNSR is available for free at:
www.Investor-Edge.com/FNSR-15Oct2014
Palo Alto Networks Inc.'s stock finished Tuesday's session 5.41% higher at $94.25. A total of 2.60 million shares were traded, which was above its three months average volume of 1.82 million shares. The stock vacillated between $88.51 and $94.50 during the session. Over the previous three trading sessions and over the last one month, Palo Alto Networks Inc.'s shares have lost 8.25% and 5.73%, respectively. However, from the beginning of 2014, the stock has gained an upside of 64.00%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $91.30 is greater than its 200-day moving average of $75.69. Palo Alto Networks Inc.'s stock has an RSI of 40.12. On the same day, Palo Alto Networks Inc. released its latest virtual firewall series (VM-Series), extending its leadership in security services for private, hybrid and public cloud. Free in depth research on PANW is available at:
www.Investor-Edge.com/PANW-15Oct2014
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