Pre-market Equity Watch on Communications Equipment Industry -- Research on Extreme Networks, Arista Networks, Ericsson, and JDS Uniphase

LONDON, June 26, 2014 /PRNewswire/ --

On Wednesday, June 25, 2014, the NASDAQ Composite ended at 4,379.76, up 0.68%, the Dow Jones Industrial Average advanced 0.29%, to finish the day at 16,867.51, and the S&P 500 closed at 1,959.53, up 0.49%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 628.75, up 0.57%, with the index also advancing 4.75% in the previous three months. Investor-Edge has initiated coverage on the following equities: Extreme Networks Inc. (NASDAQ: EXTR), Arista Networks Inc. (NYSE: ANET), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) and JDS Uniphase Corp. (NASDAQ: JDSU). Free technical research on EXTR, ANET, ERIC and JDSU can be downloaded upon signing up at:

http://www.investor-edge.com/4222-register

Extreme Networks Inc.'s stock finished the Wednesday's session 2.83% higher at $4.36. A total of 1.47 million shares were traded, which was below its three months average volume of 1.95 million shares. The stock moved between $4.22 and $4.39 during the session. Over the last three trading sessions and the previous one month, Extreme Networks Inc.'s shares have advanced 3.81% and 10.10%, respectively. However, the company's stock has lost 37.54% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $5.70 is greater than its 50-day moving average of $4.53. Extreme Networks Inc.'s stock has a Relative Strength Index (RSI) of 50.94. Sign up today to read free research on EXTR at:

http://www.investor-edge.com/4222-EXTR-26Jun2014.pdf

On Wednesday, shares in Arista Networks Inc. fluctuated between $62.00 and $65.36 before ending the session 0.33% higher at $64.49. Arista Networks Inc.'s stock reported a trading volume of 0.19 million shares during the trading session. Arista Networks Inc.'s shares have declined 1.01% in the previous three trading sessions. Sign up today to read free research on ANET at:

http://www.investor-edge.com/4222-ANET-26Jun2014.pdf

Telefonaktiebolaget LM Ericsson's stock edged 0.82% lower, to close the day at $12.14. The stock recorded a trading volume of 5.88 million shares, above its three months average volume of 4.31 million shares. The stock oscillated between $12.07 and $12.15 during the session. Over the last three trading sessions and over the past one month, Telefonaktiebolaget LM Ericsson's shares have fallen by 1.38% and 0.90%, respectively. Additionally, the stock has lost 0.82% since the beginning of this year. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $12.56 is greater than its 50-day moving average of $12.32. Additionally, the stock has an RSI of 46.85. Sign up today to read free research on ERIC at:

http://www.investor-edge.com/4222-ERIC-26Jun2014.pdf

On Wednesday, shares in JDS Uniphase Corp. recorded a trading volume of 3.09 million shares, lower than its three months average volume of 4.10 million shares. The stock ended the day at $11.74, which was 0.09% below its previous day's closing of $11.75, and registered an intraday range of $11.59 and $11.79. Shares of the company traded at a PE ratio of 22.21. Although Penn Virginia Corp.'s shares have gained 8.75% in the last one month, it has declined 2.00% in the previous three trading sessions and 9.59% on YTD basis. The stock is trading above its 50-day moving average of $11.61, while the 50-day moving average is below JDS Uniphase Corp.'s 200-day moving average of $13.03. Furthermore, shares of the company have an RSI of 57.01. Sign up today to read free research on JDSU at:

http://www.investor-edge.com/4222-JDSU-26Jun2014.pdf


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EDITOR'S NOTES:
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