Technical Coverage on Communications Equipment Stocks - Cisco Systems, Ruckus Wireless, Sonus Networks, Infinera, and DragonWave

LONDON, September 22, 2014 /PRNewswire/ --

The trading session on Friday, September 19, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 17,279.74, up 0.08% and the NASDAQ Composite closed at 4,579.79, down 0.30%. The S&P 500 finished the day 0.05% lower at 2,010.40. During the trading session six out of ten sectors finished on a positive note. The S&P 500 Information Technology Sector Index finished the day at 668.32, down 0.36%, while the index has advanced 6.63% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cisco Systems Inc. (NASDAQ: CSCO), Ruckus Wireless Inc. (NYSE: RKUS), Sonus Networks Inc. (NASDAQ: SONS), Infinera Corp. (NASDAQ: INFN) and DragonWave Inc. (NASDAQ: DRWI). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

Shares in Cisco Systems Inc. edged 0.08% lower on Friday, ending the session at $25.20. A total of 47.34 million shares were traded, significantly above its three months average volume of 25.64 million shares. The stock moved between $25.01 and $25.30 during the session. Shares in Cisco Systems Inc. have advanced 1.25% in the last one month and 12.35% on YTD basis. However, the stock has declined 0.08% in the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $25.18 is above its 200-day moving average of $23.45. Further, shares in Cisco Systems Inc. traded at a PE ratio of 15.46 and have a Relative Strength Index (RSI) of 55.87. Sign up and read the free notes on CSCO at:

www.Investor-Edge.com/CSCO-22Sep2014

Ruckus Wireless Inc.'s stock recorded a trading volume of 2.22 million shares, which was above its three months average volume of 1.39 million shares. On Friday, the stock finished the day at $14.49, which was 0.41% lower its previous day's closing of $14.55, and registered an intraday range of $14.28 and $14.79. Shares of the company traded at a PE ratio of 453.38. Ruckus Wireless Inc.'s stock has gained 2.33% in the previous three trading sessions and 5.54% in the last one month. Additionally, the company's shares are up 2.04% from the beginning of 2014. Shares in Ruckus Wireless Inc. are trading above their 50-day and 200-day moving averages of $13.20 and $12.55, respectively. Furthermore, the stock has an RSI of 58.63. The complimentary notes on RKUS can be downloaded as in PDF format at:

www.Investor-Edge.com/RKUS-22Sep2014

Shares in Sonus Networks Inc. fluctuated between $3.75 and $3.93 before ending Friday's session 1.31% lower at $3.76. The stock reported a trading volume of 6.36 million shares, much above its three months average volume of 3.18 million shares. Shares in Sonus Networks Inc. have advanced 3.30% in the previous three trading sessions and 0.53% in the last one month. Moreover, the company's shares have gained 19.37% on YTD basis. Sonus Networks Inc.'s stock is trading above its 200-day moving average. The stock's 50-day moving average of $3.84 is above its 200-day moving average of $3.46. Additionally, the company's shares have an RSI of 47.28. Register for free on Investor-Edge and access the latest research on SONS at:

www.Investor-Edge.com/SONS-22Sep2014

Infinera Corp.'s stock declined 1.90% on Friday, closing the day at $11.34. The stock recorded a trading volume of 3.11 million shares, which was above its three months average volume of 1.81 million shares. The stock oscillated between $11.18 and $11.84 during the session. Infinera Corp.'s stock has gained 1.80% in the previous three trading sessions and 21.02% in the last one month. Further, the stock has advanced 15.95% since the start of this year. Infinera Corp.'s shares are trading above their 50-day and 200-day moving averages of $9.75 and $9.11, respectively. Further, the stock has an RSI of 66.63. The complete research on INFN is available for free at:

www.Investor-Edge.com/INFN-22Sep2014

On Friday, shares in DragonWave Inc. fell by 1.59%, closing the day at $1.24. The stock recorded a trading volume of 0.77 million shares, which was below its three months average volume of 0.98 million shares. The stock oscillated between $1.19 and $1.26 during the session. Shares in DragonWave Inc. have declined 5.34% in the previous three trading sessions and 11.43% in the last one month. Additionally, the company's shares have lost 10.14% since the start of this year. Shares in DragonWave Inc. are trading below their 50-day and 200-day moving averages of $1.53 and $1.47, respectively. Moreover, the stock has an RSI of 30.69. Free in depth research on DRWI is available at:

www.Investor-Edge.com/DRWI-22Sep2014

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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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