Technical Briefing on Communications Equipment Equities -- Research on Juniper Networks, Aruba Networks, Palo Alto Networks, and Riverbed Technology
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LONDON, June 25, 2014 /PRNewswire/ --
On Tuesday, June 24, 2014, the NASDAQ Composite ended at 4,350.36, down 0.42%, the Dow Jones Industrial Average declined 0.70%, to finish the day at 16,818.13, and the S&P 500 closed at 1,949.98, down 0.64%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 625.19, down 0.51%, while the index has advanced 4.91% in the last three months. Investor-Edge has initiated coverage on the following equities: Juniper Networks Inc. (NYSE: JNPR), Aruba Networks Inc. (NASDAQ: ARUN), Palo Alto Networks Inc. (NYSE: PANW) and Riverbed Technology Inc. (NASDAQ: RVBD). Free technical research on JNPR, ARUN, PANW and RVBD can be downloaded upon signing up at:
http://www.investor-edge.com/4182-register
On Tuesday, shares in Juniper Networks Inc. recorded a trading volume of 7.09 million shares, higher than its three months average volume of 6.81 million shares. The stock ended the day at $24.13, which was 1.23% below its previous day's closing of $24.43, and registered an intraday range of $24.07 and $24.55. Shares of the company traded at a PE ratio of 27.36. Juniper Networks Inc.'s shares have declined 0.33% in the previous three trading sessions and 2.62% in the last one month. However, the stock has gained 6.91% since the start of this year. The stock is trading above its 200-day moving average of $23.44, while the 200-day moving average is below Juniper Networks Inc.'s 50-day moving average of $24.75. Furthermore, shares of the company have a Relative Strength Index (RSI) of 44.81. Sign up today to read free research on JNPR at:
http://www.investor-edge.com/4182-JNPR-25Jun2014.pdf
Aruba Networks Inc.'s stock finished the Tuesday's session 3.07% lower at $17.03. A total of 2.03 million shares were traded, which was close to its three months average volume of 2.01 million shares. The stock moved between $16.99 and $17.67 during the session. Aruba Networks Inc.'s shares have declined 1.05% in the previous three trading sessions, 4.81% in the last one month and 4.86% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $18.92 is greater than its 200-day moving average of $18.83. Aruba Networks Inc.'s stock has an RSI of 43.05. Sign up today to read free research on ARUN at:
http://www.investor-edge.com/4182-ARUN-25Jun2014.pdf
On Tuesday, shares in Palo Alto Networks Inc. traded between $78.25 and $80.39 before ending the session 1.75% lower at $78.77. Palo Alto Networks Inc.'s stock reported a trading volume of 1.98 million shares, above its three months average volume of 1.91 million shares. Over the last one month and the previous three months, Palo Alto Networks Inc.'s shares have surged 17.58% and 7.71%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 37.06%. The stock is trading above its 50-day and 200-day moving averages of $69.63 and $60.02, respectively. Moreover, shares of the company have an RSI of 72.84. Sign up today to read free research on PANW at:
http://www.investor-edge.com/4182-PANW-25Jun2014.pdf
On Tuesday, Riverbed Technology Inc.'s stock declined 1.24%, to close the day at $19.89. The stock recorded a trading volume of 1.46 million shares, above its three months average volume of 1.35 million shares. The stock oscillated between $19.77 and $20.34 during the session. Over the last one month and over the past three months, Riverbed Technology Inc.'s shares have gained 0.91% and 1.38%, respectively. Additionally, the stock has gained 10.01% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $19.72 is greater than its 200-day moving average of $18.30. Additionally, the stock traded at a PE ratio of 215.54 and has an RSI of 51.54. Sign up today to read free research on RVBD at:
http://www.investor-edge.com/4182-RVBD-25Jun2014.pdf
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