Information Technology Stocks Under Review -- Flextronics International, Cadence Design Systems, Ascent Solar Technologies, Fiserv and Finisar

NEW YORK, September 29, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on the following equities: Flextronics International Ltd.  (NASDAQ: FLEX), Cadence Design Systems, Inc. (NASDAQ: CDNS), Ascent Solar Technologies, Inc. (NASDAQ: ASTI), Fiserv, Inc. (NASDAQ: FISV), Finisar Corporation (NASDAQ: FNSR). On Monday, September 28, 2015, Nasdaq ended at 4,543.97, down 3.04%, Dow Jones declined 1.92%, to finish the day at 16,001.89, and the S&P closed at 18,81.77, down 2.57%. Register for your complimentary reports at the links given below.    

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Flextronics International Ltd 

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Flextronics International Ltd's stock edged lower by 1.44% to close Monday's session at USD 10.27. The company's shares oscillated between USD 10.22 and USD 10.45. The stock recorded a trading volume of 2.27 million shares, which was below its 50-day daily average volume of 3.35 million shares and below its 52-week average volume of 4.11 million shares. Over the last three days, Flextronics International Ltd's shares have declined by 0.96% and in the past one week it has moved down 4.55%. Furthermore, over the last three months, the stock has lost 11.16% and in the past six months, the shares have shed 18.81%. Further, the company is trading at a price to earnings ratio of 11.29 and a price to book ratio of 2.38. This compares to a historical PE ratio of 12.48 and the historical PB ratio of 3.02. Sign up and read the free notes on FLEX at:  http://www.aciassociation.com/FLEX.pdf

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Cadence Design Systems Inc 

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The stock of Cadence Design Systems Inc lost 2.27% to close Monday's session at USD 20.48. The shares of the company moved in the range of USD 20.48 and USD 21.11. A trading volume of 1.98 million shares was recorded, which was lower than its 150-day daily average volume of 3.29 million shares and below its 52-week average volume of 3.25 million shares. Over the last five days, Cadence Design Systems Inc's shares have declined by 2.85% while in the past one month, it has gained a momentum of 4.97%. Additionally, over the last three months, the stock has advanced 5.08% and in the past six months, the shares have registered a profit of 11.06%. Further, the stock is trading at a price to earnings ratio of 28.05 and a price to book ratio of 4.27. This compares to a historical PE ratio of 36.35 and the historical PB ratio of 4.12. Register for free on ACI Association and access the latest research on CDNS at:  http://www.aciassociation.com/CDNS.pdf

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Ascent Solar Technologies Inc 

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Ascent Solar Technologies Inc's stock decreased by 7.28% to close Monday's session at USD 0.18. The company's shares fluctuated in the range of USD 0.16 and USD 0.21. A total of 1.98 million shares exchanged hands, which was lesser than its 50-day daily average volume of 3.78 million shares and was above its 52-week average volume of 1.40 million shares. Over the last three days Ascent Solar Technologies Inc's shares have declined by 21.39% and in the past one week it has moved down 25.35%. Furthermore, over the last three months, the stock has lost 66.67% and in the past six months, the shares have shed 84.93%. The complete research on ASTI is available for free at:  http://www.aciassociation.com/ASTI.pdf

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Fiserv Inc 

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Fiserv Inc's stock slipped by 3.70% to close Monday's session at USD 84.53. The company's shares oscillated between USD 84.52 and USD 87.79. The stock recorded a trading volume of 1.92 million shares, which was above its 50-day daily average volume of 1.26 million shares and above its 52-week average volume of 1.16 million shares. Over the last five days, Fiserv Inc's shares have declined by 3.74% and in the past one month, it has lost 0.12%. In addition, over the last three months, the stock has gained 2.05% and year to date, the shares have picked up 19.11%. Further, the company is trading at a price to earnings ratio of 28.75 and a price to book ratio of 6.33. This compares to a historical PE ratio of 23.79 and the historical PB ratio of 5.18. Free in-depth research on FISV is available at:  http://www.aciassociation.com/FISV.pdf

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Finisar Corp 

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Finisar Corp's stock declined 2.83% to close Monday's session at USD 10.97. The share price vacillated between USD 10.96 and USD 11.37, marking a new 52-week low during the session. The stock recorded a trading volume of 1.91 million shares, which was above its 50-day daily average volume of 1.46 million shares and above its 52-week average volume of 1.40 million shares. Over the last three days, Finisar Corp's shares have declined by 5.92% and in the past one week it has moved down 9.56%. Moreover, in the last six months, the stock has lost 49.21% and year to date, the shares have shed 43.48%. Further, the stock is trading at a price to book ratio of 1.03 against a historical PB ratio of 1.98. The complimentary notes on FNSR can be downloaded in PDF format at:  http://www.aciassociation.com/FNSR.pdf

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