Quotidian Technical Highlights on Selected Communication Equipment Stocks -- Acacia Communications, Casa Systems, Ciena, and Harris
NEW YORK, April 19, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ACIA, CASA, CIEN, and HRS which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Acacia Communications Inc. (NASDAQ: ACIA), Casa Systems Inc. (NASDAQ: CASA), Ciena Corp. (NYSE: CIEN), and Harris Corp. (NYSE: HRS). The primary business of companies in the Communication Equipment involves the physical transmission of telecommunications and related network services, the production of telecommunications equipment, and the delivery of multimedia content through television and related telecommunications activities. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Acacia Communications
On Wednesday, shares in Massachusetts headquartered Acacia Communications Inc. recorded a trading volume of 2.58 million shares, which was above their three months average volume of 802,430 shares. The stock ended at $25.57, declining 3.25% from the last trading session. The Company's shares are trading below their 50-day moving average by 34.85%. Furthermore, shares of Acacia Communications, which develops, manufactures, and sells high-speed coherent optical interconnect products in the Americas, EMEA region, and Asia/Pacific region, have a Relative Strength Index (RSI) of 25.92.
On April 16th, 2018, Acacia Communications announced that it will release its Q1 2018 results on May 03rd, 2018, after the close of the US financial markets. The Company will host a conference call and live audio webcast at 5:00 p.m. ET that same day. During the conference call, management will discuss the Company's results, recent developments, and business outlook and strategy.
On April 17th, 2018, research firm Northland Capital reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $50 a share to $35 a share. Get the full research report on ACIA for free by clicking below at: www.wallstequities.com/registration/?symbol=ACIA
Casa Systems
Massachusetts headquartered Casa Systems Inc.'s stock finished yesterday's session 1.41% lower at $32.85. A total volume of 799,038 shares was traded, which was above their three months average volume of 620,530 shares. The Company's shares have gained 2.34% in the last month and 64.58% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 27.27% and 44.97%, respectively. Furthermore, shares of Casa Systems, which provides software-centric broadband products in North America, Latin America, Asia/Pacific, EMEA region, have an RSI of 64.62.
On April 09th, 2018, Casa Systems announced the launch of its new Axyom™ Virtual Broadband Network Gateway (vBNG) Router solution that provides advanced subscriber management and routing capabilities for fixed broadband network providers. Built from the ground up as a cloud-native solution for both OpenStack and container-based cloud networks, Axyom vBNG easily addresses the greater diversity of 5G broadband demands through a unique design. The free technical report on CASA can be accessed at: www.wallstequities.com/registration/?symbol=CASA
Ciena
On Wednesday, shares in Maryland headquartered Ciena Corp. saw a slight decline of 0.68%, ending the day at $26.35. The stock recorded a trading volume of 1.85 million shares. The Company's shares have advanced 15.22% in the previous three months and 18.85% over the past year. The stock is trading 6.18% and 14.32% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Ciena have an RSI of 59.91.
On March 27th, 2018, Ciena announced that it is introducing enhanced policy capabilities into its Blue Planet intelligent automation platform that incorporates the architectural framework from the Linux Foundation's open-source Open Networking Automation Platform to aid network providers' evolution to more adaptive, software-centric networks. The new Blue Planet policy subsystem will support advanced closed-loop automation use cases, such as preventing a potential failure or dynamically scaling capacity, to support growing bandwidth demands.
On April 04th, 2018, research firm Rosenblatt initiated a 'Buy' rating on the Company's stock. Sign up for free on Wall St. Equities and claim the latest report on CIEN at: www.wallstequities.com/registration/?symbol=CIEN
Harris
Florida headquartered Harris Corp.'s shares ended the day 0.79% higher at $168.28 with a total trading volume of 470,896 shares. The stock has gained 7.58% in the last month, 14.00% over the previous three months, and 53.60% over the past year. The Company's shares are trading 6.68% above their 50-day moving average and 21.37% above their 200-day moving average. Additionally, shares of Harris have an RSI of 66.43.
On April 04th, 2018, research firm Argus initiated a 'Buy' rating on the Company's stock, with a target price of $196 per share.
On April 10th, 2018, Harris announced that it will issue a press release reporting its Q3 FY18 financial results on May 02nd, 2018, at approximately 6:30 a.m. ET. The Company will host a conference call at 8:30 a.m. ET that same day to discuss its results. Get the full report on HRS for free by clicking below at: www.wallstequities.com/registration/?symbol=HRS
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article