Technical Data on Communications Equipment Equities - Ciena, Cisco Systems, Ubiquiti Networks, Sonus Networks, and Infinera
Editor Note: For more information about this release, please scroll to bottom.
LONDON, December 23, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Ciena Corporation (NYSE: CIEN), Cisco Systems Inc. (NASDAQ: CSCO), Ubiquiti Networks Inc. (NASDAQ: UBNT), Sonus Networks Inc. (NASDAQ: SONS), and Infinera Corporation (NASDAQ: INFN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, December 22, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,959.44, up 0.87% and the NASDAQ Composite closed at 4,781.42, up 0.34%. The S&P 500 finished the session 0.38% higher at 2,078.54. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 704.56, up 1.08%, with the index advancing 6.23% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Ciena Corp.'s stock edged 0.62% higher, to close the day at $19.48. The stock recorded a trading volume of 2.39 million shares, below its three months average volume of 3.63 million shares. The company's shares oscillated between $18.51 and $19.53 during the session. Over the last three trading sessions and over the past one month, Ciena Corp.'s shares have gained 4.79% and 18.28%, respectively. Further, the stock has advanced 9.50% in the last three months. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 200-day moving average of $19.27 is above its 50-day moving average of $16.34. Additionally, the stock has a Relative Strength Index (RSI) of 72.72. Sign up and read the free notes on CIEN at:
http://get.Investor-Edge.com/pdf/?c=Ciena&d=23-Dec-2014&s=CIEN
On Monday, shares in Cisco Systems Inc. recorded a trading volume of 28.48 million shares, lower than its three months average volume of 29.47 million shares. The stock ended the day at $28.22, which was 1.62% above its previous day's closing of $27.77, hitting a new 52-week high of $28.29. Shares of the company traded at a PE ratio of 17.04. Cisco Systems Inc.'s shares have gained 5.26% in the previous three trading sessions, 4.99% in the last one month, and 25.81% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $25.61 and $24.58, respectively. Furthermore, shares of Cisco Systems Inc. have an RSI of 65.93. The complimentary notes on CSCO can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Cisco%20Systems&d=23-Dec-2014&s=CSCO
Ubiquiti Networks Inc.'s stock advanced 1.20% to end Monday's session at $31.19. The stock recorded a trading volume of 0.83 million shares, below its three months average volume of 1.13 million shares. The company's shares fluctuated between $29.85 and $31.42 during the session. Shares of the company traded at a PE ratio of 15.82. Ubiquiti Networks Inc.'s shares have gained 4.24% over the last one month. However, the stock has lost 7.34% in the previous three trading sessions and 32.14% since the beginning of 2014. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $39.12 is above its 50-day moving average of $31.53. Additionally, the stock has an RSI of 50.59. Register for free on Investor-Edge and access the latest research on UBNT at:
http://get.Investor-Edge.com/pdf/?c=Ubiquiti%20Networks&d=23-Dec-2014&s=UBNT
On Monday, shares in Sonus Networks Inc. fluctuated between $3.90 and $3.98 before ending the session 0.51% higher at $3.95. The stock reported a trading volume of 1.30 million shares, lower than its three months average volume of 2.57 million shares. Sonus Networks Inc.'s stock has gained 4.91% in the previous three trading sessions, 10.96% in the last one month, and 25.40% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $3.50 and $3.56, respectively. Moreover, shares of Sonus Networks Inc. have an RSI of 62.31. The complete research on SONS is available for free at:
http://get.Investor-Edge.com/pdf/?c=Sonus%20Networks&d=23-Dec-2014&s=SONS
Infinera Corp.'s stock finished Monday's session 0.94% lower at $15.34. A total of 1.19 million shares were traded, which was below its three months average volume of 2.41 million shares. The stock vacillated between $15.25 and $15.74 during the session. Over the last one month and over the past three months, Infinera Corp.'s shares have gained 12.71% and 36.72%, respectively. Additionally, from the beginning of 2014, the stock has gained rallied 56.85%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $13.42 is greater than its 200-day moving average of $10.38. Infinera Corp.'s stock has an RSI of 67.82. Free in depth research on INFN is available at:
http://get.Investor-Edge.com/pdf/?c=Infinera&d=23-Dec-2014&s=INFN
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