Market Data Ahead of the Bell: CIENA Corp., JDS Uniphase Corp., ADTRAN Inc., and Harris Corp.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, December 2, 2013 /PRNewswire/ --
On Friday, November 29, 2013, the U.S. equity market closed the day on a mixed note, the S&P 500 ended at 1,805.81, down 0.08%; the Dow Jones Industrial Average closed at 16,086.41, down 0.07%; and the NASDAQ Composite finished at 4,059.89, up 0.37%. The S&P 500 Information Technology Sector Index ended the day at 562.36, up 0.45%; whereas the S&P 500 Communications Equipment Industry Index closed the day at 258.95, down 0.02%. Shares in the communications equipment industry have gained 0.65% in the previous three trading sessions and 1.85% in the last three months, compared to a gain of 0.18% and 10.58% in the S&P 500 during the respective periods. The major movers in the industry included CIENA Corporation (NASDAQ: CIEN), JDS Uniphase Corporation (NASDAQ: JDSU), ADTRAN Inc. (NASDAQ: ADTN), and Harris Corp. (NYSE: HRS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
On Friday, CIENA Corp.'s stock edged higher to end the day at $22.21, up 0.77% from the previous day's closing price of $22.04. The company's shares vacillated between $21.96 and $22.44 during the trading session. A total of 0.97 million shares were traded, which is below the daily average volume of 3.65 million. The company's shares have gained 2.82% in the previous three trading sessions and 11.50% in the last three months, outperforming the S&P 500, which has advanced 0.18% and 10.58% during the respective periods. Moreover, CIENA Corp.'s stock is trading above its 200-day moving average of $20.10. Sign up for free report on CIEN at:
http://www.AAAResearchReports.com/CIEN120213.pdf
Shares in JDS Uniphase Corp. ended flat on Friday, as the broader market fluctuated between gains and losses. The company's shares finished the day at the previous day's closing price of $12.14, after fluctuating between $12.08 and $12.21. A total of 1.02 million shares were traded, which is below the daily average volume of 4.55 million. The company's shares have advanced 1.00% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.18% during the same period. However, JDS Uniphase Corp.'s stock is trading below its 50-day and 200-day moving averages of $13.92 and $14.04, respectively. JDSU free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/JDSU120213.pdf
ADTRAN Inc.'s stock advanced on Friday, even as the broader market ended on a mixed note. The company's shares closed the day 1.66% higher at $25.68, after oscillating between $25.34 and $25.80. A total of 0.24 million shares were traded, which is below the daily average volume of 0.56 million. The company's shares have gained 3.63% in the previous three trading sessions and 8.63% in the last one month, outperforming the S&P 500, which has advanced 0.18% and 2.51% during the respective periods. Furthermore, ADTRAN Inc.'s stock is trading above its 50-day and 200-day moving averages of $24.97 and $23.75, respectively. A free report on ADTN can be accessed by registering at:
http://www.AAAResearchReports.com/ADTN120213.pdf
On Friday, Harris Corp. ended the day at $64.51, which is 0.46% lower than the previous day's closing price of $64.81. The company's shares fluctuated between $64.38 and $64.96 during the trading session. A total of 0.20 million shares were traded, which is below the daily average volume of 0.62 million. Despite Friday's losses, the company's shares have gained 4.52% in the last one month and 13.91% in the previous three months, outperforming the S&P 500, which has gained 2.51% and 10.58% during the respective periods. Additionally, Harris Corp.'s stock is trading near its 52-week high of $65.87 and above its 50-day and 200-day moving averages of $61.19 and $52.94, respectively. Register with AAA Research Reports and download research on HRS for free at:
http://www.AAAResearchReports.com/HRS120213.pdf
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
www.AAAresearchreports.comSOURCE AAA Research Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article