Stock Research Monitor: IRDM, ORBC, and SBAC
LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want a free Stock Review on VG sign up now at www.wallstequities.com/registration. For today, WallStEquities.com draws attention to the Diversified Communication Services space, which includes companies that provide communication technologies, which span beyond the walls of just telecom (the most popular communication stocks). These firms can focus on the Consumer segment, the Business segment, or both. Under assessment are Iridium Communications Inc. (NASDAQ: IRDM), ORBCOMM Inc. (NASDAQ: ORBC), SBA Communications Corp. (NASDAQ: SBAC), and Vonage Holdings Corp. (NYSE: VG). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Wednesday, shares in McLean, Virginia headquartered Iridium Communications Inc. recorded a trading volume of 866,135 shares, which was above their three months average volume of 802,620 shares. The stock ended the session 1.72% higher at $11.80. The Company's shares have gained 1.29% in the last month, and 12.38% over the past year. The stock is trading 0.25% above its 50-day moving average and 3.32% above its 200-day moving average. Moreover, shares of Iridium Communications, which provides mobile voice and data communications services through satellite to businesses, the US and foreign governments, non-governmental organizations, and consumers worldwide, have a Relative Strength Index (RSI) of 47.93.
On April 26th, 2018, Iridium Communications reported its results for Q1 2018. Net income for Q1 2018 was $11.5 million, total revenue was $119.1 million, and operational EBITDA was $68.5 million. The Company ended the quarter with 996,000 total billable subscribers compared to 869,000 for Q1 2017 and is up from 969,000 for the quarter ended December 31st, 2017.
On May 09th, 2018, research firm BWS Financial initiated a 'Buy' rating on the Company's stock, with a target price of $22 per share. Get the full research report on IRDM for free by clicking below at:
Rochelle Park, New Jersey headquartered ORBCOMM Inc.'s stock closed the day 0.63% lower at $9.40. A total volume of 701,380 shares was traded, which was above their three months average volume of 574,510 shares. The Company's shares have advanced 3.75% in the past month. The stock is trading 1.34% below its 50-day moving average. Additionally, shares of ORBCOMM, which provides Internet of Things solutions in the US, South America, Japan, Europe, and internationally, have an RSI of 52.82.
On May 02nd, 2018, ORBCOMM announced that Aly Bonilla has joined the Company as Vice President of Investor Relations, effective immediately. Mr. Bonilla will report to Marc Eisenberg, CEO, and serve as the primary liaison between the Company, its shareholders, and the investment community. Free research on ORBC can be accessed at:
Shares in SBA Communications Corp. recorded a trading volume of 481,751 shares. The stock ended yesterday's trading session 0.98% higher at $158.94. The Company's shares have advanced 22.50% over the past year. The stock is trading above its 200-day moving average by 0.53%. Furthermore, shares of SBA Communications, which is a first-choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America, have an RSI of 40.97.
On May 03rd, 2018, SBA Communications announced that Brendan T. Cavanagh, Executive Vice President and CFO, is scheduled to speak at the MoffettNathanson 5th Annual Media & Communications Summit on May 15th, 2018, at 11:00 a.m. at the Parker Meridien Hotel in New York City. The audio presentation for the Company can be accessed on its website. Visit WallStEquities.com now and sign up for the free research on SBAC at:
Holmdel, New Jersey headquartered Vonage Holdings Corp.'s stock finished Wednesday's session 0.61% lower at $11.43 with a total trading volume of 1.23 million shares. The Company's shares have advanced 6.13% in the last month, 7.42% over the previous three months, and 62.82% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.08% and 19.83%, respectively. Additionally, shares of Vonage, which provides communications services connecting people through cloud-connected devices worldwide, have an RSI of 57.51.
On May 07th, 2018, Vonage has appointed Reginald Scales SVP, Mid-Market Sales. In this newly-created role, Mr. Scales will be responsible for leading the Company's mid-market sales efforts as it continues to focus on growth in this segment. He will join on May 16th, 2018 and report to Kenny Wyatt, Chief Revenue Officer. The free technical report on VG is available at:
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