Before the Bell Scans: Alcatel-Lucent, QUALCOMM, Tellabs and Sonus Networks
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LONDON, June 20, 2013 /PRNewswire/ --
All these companies are tracked by AAAResearchReports.com. Free technical research on Alcatel-Lucent (ADR) (NYSE: ALU), QUALCOMM (NASDAQ: QCOM), Tellabs (NASDAQ: TLAB), and Sonus Networks (NASDAQ: SONS) can be downloaded upon sign up at:
Shares in Alcatel Lucent S.A. rose sharply on Wednesday even as the broader market tumbled. The company's shares hit a 52-week high of $2.01 yesterday before finishing the day 3.21% higher at $1.93. A total of 35.73 million shares were traded which is well above the daily average volume of 11.39 million. In the last three months, the company's shares have gained 31.29%, thus outperforming the S&P 500. Furthermore, the stock is currently trading well above its 50- and 200-day moving averages. The MACD is also trading above its signal line and zero-line. Sign up today to read free research report on ALU at:
Qualcomm Inc.'s stock slipped yesterday, tracking losses in the broader market. The company's shares traded between $61.83 and $62.80 before closing the day 0.75% lower at $61.91. A total of 11.23 million shares were traded which is below the daily average volume of 12.23 million. Shares of the communication equipment maker have risen by 0.86% in the last three market sessions. In the last three months, the stock has fallen over 4.30%, hence underperforming the S&P 500. Further, the stock has a 52-week high of $68.50. Register to download free technical analysis on QCOM at:
Shares in Tellabs Inc.'s fell sharply on Wednesday, closing 1.36% lower at $2.17 after trading between $2.17 and $2.21. A total of 1.14 million shares were exchanged during the session, which is almost half of the share's daily average volume of 2.27 million. In the last three months, shares of Tellabs have increased over 2.80%, but it is still underperforming the S&P 500. A free report on TLAB can be accessed by registering at:
Sonus Networks Inc.'s stock was one of the worst performers in the communications equipment sector yesterday. The company's shares ended the day 1.50% lower at $3.28 after trading between $3.25 and $3.33. A total of 1.49 million shares were traded during the session, which is below its daily average volume of 2.35 million. The MACD has just crossed below its signal line. Shares of this communication equipment company have gained 30.68% in the last three months, thus outperforming the S&P 500. Register with AAA Research Reports and download the research on SONS for free at:
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SOURCE AAA Research Reports
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