Stock Research Monitor: VIAV, ADTN, and CRNT
LONDON, UK / ACCESSWIRE / July 5, 2018 / If you want a free Stock Review on BB sign up now at www.wallstequities.com/registration. This morning's research on WallStEquities.com is focused on the Communication Equipment industry, which includes companies whose primary business involves the physical transmission of telecommunications and related network services, the production of telecommunications equipment, and the delivery of multimedia content through television and related telecommunications activities. Under assessment are these four stocks: Viavi Solutions Inc. (NASDAQ: VIAV), ADTRAN Inc. (NASDAQ: ADTN), BlackBerry Ltd (NYSE: BB), and Ceragon Networks Ltd (NASDAQ: CRNT). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Tuesday, shares in Milpitas, California headquartered Viavi Solutions Inc. recorded a trading volume of 1.57 million shares. The stock ended at $10.01, declining 3.00% from the last trading session. The Company's shares have gained 2.77% in the last month and 3.62% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.40% and 5.39%, respectively. Furthermore, shares of Viavi Solutions, which provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide, have a Relative Strength Index (RSI) of 51.93.
On June 08th, 2018, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock.
On June 11th, 2018, Viavi Solutions announced the launch of the T-BERD/MTS 5882, packing critical features to enable fiber characterization, multi-protocol service activation, troubleshooting, and maintenance for next-generation mobile and cable networks into the industry's smallest form factor for this category of instrument. The T-BERD/MTS 5882 portable solution covers a broad range of tests in an automated workflow in order to help service providers and their contractors simplify testing of these complex technologies. Get the full research report on VIAV for free by clicking below at:
Huntsville, Alabama headquartered ADTRAN Inc.'s stock finished the session 0.33% higher at $15.00 with a total trading volume of 234,572 shares. The stock is trading above their 50-day moving average by 1.26%. Shares of the Company, which provides networking and communications equipment worldwide, have an RSI of 53.96.
On June 29th, 2018, ADTRAN announced that it will release its financial results for Q2 2018 after market close on July 17th, 2018. The Company will conduct a conference call on July 18th, 2018, at 9:30 a.m. CT to discuss the results. A webcast the conference call will be available on the Company's investor relations website. Get access to our top-rated research, including the free report on ADTN at:
At the close of trading on Tuesday, shares in Waterloo, Canada headquartered BlackBerry Ltd rose slightly by 0.40%, ending the day at $10.00. The stock recorded a trading volume of 3.16 million shares. The Company's shares have advanced 0.91% over the past year. The stock is trading 11.65% below its 50-day moving average. Moreover, shares of BlackBerry, which operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things, have an RSI of 33.03.
On June 22nd, 2018, BlackBerry announced that it has entered into a partnership with Bullitt Group, a British smartphone and consumer electronics maker, to develop new highly-secure connected devices that are certified as "BlackBerry Secure." Bullitt intends to embed BlackBerry cybersecurity technology into a range of rugged Cat (Caterpillar Inc.) and Land Rover branded products to address the needs of their security-conscious consumer and enterprise customers. Click here to subscribe for a free membership which welcomes you with our report on BB at:
Tel Aviv, Israel headquartered Ceragon Networks Ltd's shares ended the day 1.68% lower at $3.51 with a total trading volume of 333,875 shares. The stock has gained 30.97% over the previous three months and 39.84% over the past year. The Company's shares are trading 8.26% above their 50-day moving average and 40.96% above their 200-day moving average. Additionally, shares of Ceragon Networks, which provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services worldwide, have an RSI of 49.60.
On June 20th, 2018, Ceragon Networks announced that a tier 1 multinational mobile operator in Latin America is continuing to deploy its FibeAir IP-20 Platform, now incorporating the Company's latest multicore radios which are capable of delivering twice the backhaul capacity. This network expansion and densification phase, as well as increase in backbone capacity connecting metro areas to one another, comes after successful 4G network rollouts during 2015 throughout 2017.
On June 25th, 2018, research firm Needham reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $3.60 a share to $4.40 a share. Join our big investor community at Wall St. Equities today and get your free report on CRNT at:
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