LONDON, May 12, 2014 /PRNewswire/ --
On Friday, May 09, 2014, the NASDAQ Composite ended at 4,071.87, up 0.50%, the Dow Jones Industrial Average finished the session at 16,583.34, up 0.20% and the S&P 500 closed at 1,878.48, up 0.15%. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 591.85, up 0.17%, and the index has gained 2.91% in the previous one month. Investor-Edge has initiated coverage on the following equities: Sonus Networks Inc. (SONS), Zhone Technologies Inc. (ZHNE), Aviat Networks Inc. (AVNW) and CalAmp Corp. (CAMP). Free technical research on SONS, ZHNE, AVNW and CAMP can be downloaded upon signing up at:
Sonus Networks Inc.'s stock gained 2.46% on Friday, closing the day at $3.33. The stock recorded a trading volume of 3.01 million shares, which was above its three months average volume of 2.82 million shares. The stock oscillated between $3.21 and $3.34 during the session. Over the previous three trading sessions and in the last one month, Sonus Networks Inc.'s shares have gained 5.05% and 9.54%, respectively. Also, the stock has advanced 5.71% from the beginning of 2014. The company's shares are trading below their 50-day moving average. Sonus Networks Inc.'s 50-day moving average of $3.38 is above its 200-day moving average of $3.27. Further, the company's stock has a Relative Strength Index (RSI) of 55.15. Sign up today to read free research on SONS at:
On Friday, shares in Zhone Technologies Inc. recorded a trading volume of 0.24 million shares, which was below its three months average volume of 0.49 million shares. The stock ended the day at $2.28, which was 0.44% lower its previous day's closing of $2.29, and registered an intraday range of $2.18 and $2.31. Shares in Zhone Technologies Inc. have declined 12.98% in the previous three trading sessions, 42.71% in the last one month and 57.30% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $3.78 and $3.92, respectively. Furthermore, shares of the company traded at a PE ratio of 17.54 and have an RSI of 24.70. Sign up today to read free research on ZHNE at:
Shares in Aviat Networks Inc. finished Friday's trading session 4.00% higher at an intra-day high of $1.04. A total of 1.53 million shares were traded, above its three months average volume of 0.63 million shares. The stock moved between $0.99 and $1.04 during the session. However, Aviat Networks Inc.'s stock has fallen by 30.20% in the previous three trading sessions, 26.76% in the last one month and 53.98% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages of $1.61 and $2.11, respectively. Additionally, the company's stock has an RSI of 22.42. Sign up today to read free research on AVNW at:
On Friday, CalAmp Corp.'s stock fluctuated between $14.74 and $15.41 before ending the session 0.26% higher at $15.28. The company's stock reported a trading volume of 1.34 million shares, above its three months average volume of 1.02 million shares. Shares of the company traded at a PE ratio of 44.79. Over the previous three trading sessions and in the last one month, shares in CalAmp Corp. have lost 9.64% and 35.14%, respectively. Also, the stock has declined 45.37% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $26.09 and $23.97, respectively. Moreover, the company's stock has an RSI of 18.60. Sign up today to read free research on CAMP at:
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