Pre-Market Pulse on Communication Equipment Stocks -- QUALCOMM, Nokia, ARRIS Group, Knowles, and CommScope Holding
NEW YORK, September 24, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: QUALCOMM Inc. (NASDAQ: QCOM), Nokia Corporation (NYSE: NOK), ARRIS Group Inc. (NASDAQ: ARRS), Knowles Corporation (NYSE: KN), and CommScope Holding Company Inc. (NASDAQ: COMM). Free research report on QUALCOMM can be accessed at https://www.erionline.net/QCOM.pdf On Wednesday, September 23, 2015, the NASDAQ Composite ended at 4,752.74, down 0.08%, the Dow Jones Industrial Average edged 0.31% lower, to finish the day at 16,279.89, and the S&P 500 closed at 1,938.76, down 0.20%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
QUALCOMM Inc.'s stock edged 0.70% lower, to close Wednesday's session at $53.56. The stock recorded a trading volume of 7.24 million shares, below its three months average volume of 13.87 million shares. Over the last one month and previous three months, QUALCOMM Inc.'s shares have lost 2.30% and 17.35%, respectively. Additionally, the stock has declined 26.41% since the start of this year. The company is trading 9.66% and 18.92% below its 50-day and 200-day moving averages, respectively. Furthermore, QUALCOMM Inc.'s stock traded at a PE ratio of 14.71 and has a Relative Strength Index (RSI) of 35.28. Sign up and read the free notes on QCOM at:
https://www.erionline.net/QCOM.pdf
Nokia Corp.'s stock finished Wednesday's session 1.99% higher at $6.65. A total of 9.78 million shares were traded, which was below its three months average volume of 11.95 million shares. Over the previous three months and since the start of this year, Nokia Corp.'s shares have declined 8.02% and 13.29%, respectively. However, the stock has gained 13.29% in the last one month. The company's shares are trading above their 50-day moving average by 1.29%. Nokia Corp.'s stock traded at a PE ratio of 13.57 and has an RSI of 56.03. The complimentary notes on NOK can be downloaded in PDF format at:
https://www.erionline.net/NOK.pdf
On Wednesday, shares in ARRIS Group Inc. ended the session 0.91% lower at $26.22. The stock reported a trading volume of 0.86 million shares, below its three months average volume of 1.62 million shares. Shares of the company traded at a PE ratio of 13.80. Although, ARRIS Group Inc.'s shares have advanced 3.55% in the last one month, it has lost 19.07% in the previous three months and 13.15% on YTD basis. The company is trading 7.01% below its 50-day moving average and 11.91% below its 200-day moving average. Moreover, shares of ARRIS Group Inc. have an RSI of 39.86. Register for free on Equity Research Institute and access the latest research on ARRS at:
https://www.erionline.net/ARRS.pdf
Knowles Corp.'s stock edged 0.24% higher, to close the day at $16.52. The stock recorded a trading volume of 1.09 million shares, below its three months average volume of 1.58 million shares. Over the previous three months and since the start of this year, Knowles Corp.'s shares have declined 17.15% and 29.85%, respectively. However, the stock has surged 16.83% in the last one month. The company's shares are trading 2.23% below their 50-day moving average. Additionally, Knowles Corp. has an RSI of 52.05. The complete research on KN is available for free at:
https://www.erionline.net/KN.pdf
On Wednesday, shares in CommScope Holding Co. Inc. recorded a trading volume of 0.93 million shares, lower than their three months average volume of 1.19 million shares. The stock ended the day 1.06% lower at $30.88. Shares of the company traded at a PE ratio of 25.73. Although, CommScope Holding Co. Inc.'s stock has lost 1.87% in the previous three months, it has advanced 11.72% in the last one month and 35.26% on YTD basis. The company is trading above its 200-day moving average by 5.99%. Furthermore, shares of CommScope Holding Co. Inc. have an RSI of 45.87. Free in-depth research on COMM is available at:
https://www.erionline.net/COMM.pdf
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