Today's Research Report Coverage on Communication Equipment Stocks -- ShoreTel, Sonus Networks, ViaSat, and Barracuda Networks
NEW YORK, June 28, 2017 /PRNewswire/ --
If you want a Stock Review on SHOR, SONS, VSAT or CUDA then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com presents for assessment ShoreTel Inc. (NASDAQ: SHOR), Sonus Networks Inc. (NASDAQ: SONS), ViaSat Inc. (NASDAQ: VSAT), and Barracuda Networks Inc. (NYSE: CUDA). According to an IBISWorld report, the US Communication Equipment Manufacturing industry will benefit from increasing demand over the next five years as the economy grows and consumer sentiment rises, stimulating demand from downstream industries. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
ShoreTel
On Tuesday, shares in Sunnyvale, California headquartered ShoreTel Inc. recorded a trading volume of 225,933 shares. The stock ended the session 2.48% lower at $5.90. The Company's shares are trading 3.53% below their 50-day moving average. Moreover, shares of ShoreTel, which provides business communication solutions for small and medium sized businesses, have a Relative Strength Index (RSI) of 41.07.
On June 22nd, 2017, ShoreTel announced that it has become a Google Cloud Platform™ Technology Partner. As part of this partnership, the Company is offering an SMS API solution through the Google Cloud Launcher. It will offer developers the ability to integrate inbound and outbound SMS capabilities into new or existing applications using the SMS REST APIs of ShoreTel Summit™. The free research report on SHOR is available at:
http://dailystocktracker.com/registration/?symbol=SHOR
Sonus Networks
Westford, Massachusetts headquartered Sonus Networks Inc.'s stock closed the day 2.79% lower at $7.66 with a total trading volume of 238,987 shares. The Company's shares have advanced 14.33% in the past month, 17.67% in the previous three months, and 21.59% since the start of this year. The stock is trading 2.42% and 11.38% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Sonus Networks, which provides networked solutions worldwide, have an RSI of 52.88.
On June 01st, 2017, research firm William Blair upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.
On June 14th, 2017, Sonus Networks announced that it was named the 2017 North American Enterprise Session Border Controller Company of the Year by independent analyst firm Frost & Sullivan. This prestigious award is given to organizations that demonstrate excellence in growth, innovation, and leadership, and is judged by industry experts and non-industry peers. The complimentary report on SONS can be downloaded at:
http://dailystocktracker.com/registration/?symbol=SONS
ViaSat
Shares in Carlsbad, California headquartered ViaSat Inc. recorded a trading volume of 409,269 shares. The stock ended yesterday's trading session 0.27% higher at $66.93. The Company's shares have advanced 1.13% in the past month, 6.63% in the previous three months, and 1.07% on an YTD basis. The stock is trading above its 50-day moving average by 1.12%. Furthermore, shares of ViaSat, which provides broadband and communications products and services worldwide, have an RSI of 47.62.
On June 02nd, 2017, research firm Wunderlich upgraded the Company's stock rating from 'Sell' to 'Hold'.
On June 26th, 2017, ViaSat has been awarded Lot 5 and Lot 5a contracts totaling $88.3 million from the US Navy Space and Naval Warfare Systems Command to provide Multifunctional Information Distribution System (MIDS) Joint Tactical Radio System (JTRS) terminals to the US Navy and Air Force. MIDS JTRS enhances battlefield communications for joint and coalition warfighters by providing the ability to communicate, by voice, video, and data with a line-of-sight, jam-resistant capability across ground, air, and naval assets. Visit us today and download our complete research report on VSAT for free at:
http://dailystocktracker.com/registration/?symbol=VSAT
Barracuda Networks
Campbell, California headquartered Barracuda Networks Inc.'s stock finished Tuesday's session 0.53% higher at $22.60 with a total trading volume of 490,594 shares. The Company's shares have advanced 0.76% in the last one month and 5.46% since the start of this year. The stock is trading above its 50-day moving average by 4.00%. Additionally, shares of Barracuda Networks, which designs and delivers security and data protection solutions, have an RSI of 57.83.
On June 08th, 2017, Barracuda Networks announced that the Company will report its financial results for the quarter ended May 31st, 2017, following the close of the market on Monday, July 10th, 2017. On that day, management will host a conference call and webcast at 1:30 p.m. PT to review and discuss the Company's results. Get free access to your technical report on CUDA at:
http://dailystocktracker.com/registration/?symbol=CUDA
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