Communications Equipment Stocks Technical Notes -- Research on Riverbed Technology, Parkervision, Vishay Intertechnology, and National Instruments Editor Note: For more information about this release, please scroll to bottom.
LONDON, April 7, 2014 /PRNewswire/ --
On Friday, April 04, 2014, the NASDAQ Composite ended at 4,127.73, down 2.60%, the Dow Jones Industrial Average declined 0.96% to 16,412.71, and the S&P 500 closed at 1,865.09, down 1.25%. The losses were broad based as nine out of 10 sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day at 587.18, down 2.23%, and has fallen by 1.78% in the last one month. Investor-Edge has initiated coverage on the following equities: Riverbed Technology Inc. (NASDAQ: RVBD), Parkervision Inc. (NASDAQ: PRKR), Vishay Intertechnology Inc. (NYSE: VSH) and National Instruments Corp. (NASDAQ: NATI). Free technical research on RVBD, PRKR, VSH and NATI can be downloaded upon signing up at:
Shares in Riverbed Technology Inc. fell 1.84% on Friday, closing at $19.79, after oscillating between $19.64 and $20.28. A total of 1.34 million shares were traded, which is below its three months average volume of 2.54 million shares. Riverbed Technology Inc.'s shares have surged 11.30% in the previous three months and 9.46% on YTD basis. The company's stock is trading above its 200-day moving average. Riverbed Technology Inc.'s 50-day moving average of $20.11 is above its 200-day moving average of $17.34. Furthermore, the company's stock is trading at a PE ratio of 511.04 and has a Relative Strength Index (RSI) of 47.98. Sign up today to read free research on RVBD at:
Parkervision Inc.'s stock witnessed a trading volume of 1.26 million shares on Friday, as compared with a three months average volume of 0.79 million shares. The stock ended the day at $4.59, down 1.92%, after trading between $4.46 and $4.75. Parkervision Inc.'s shares have lost 15.78% in the last one month and 8.20% in the previous three months, while the same has gone up 0.88% on YTD basis. The stock is trading above its 200-day moving average. Parkervision Inc.'s 50-day moving average of $4.83 is above its 200-day moving average of $4.24. Additionally, the company's shares have an RSI of 41.28. Sign up today to read free research on PRKR at:
On Friday, shares in Vishay Intertechnology Inc. declined 4.05% finishing the session at $14.69. The stock recorded a trading volume of 1.28 million shares which is above its three months average volume of $1.20 million shares. The stock fluctuated between $14.67 and $15.37 during the session. Vishay Intertechnology Inc.'s shares have advanced 3.52% in the last one month, 13.26% in the previous three months, and 10.78% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Vishay Intertechnology Inc.'s 50-day moving average of $14.22 is above its 200-day moving average of $13.49. Moreover, the company's shares are trading at a PE ratio of 18.00 and have RSI of 51.43. Sign up today to read free research on VSH at:
Shares in National Instruments Corp. recorded a trading volume of 0.32 million shares, as compared with a three months average volume of 0.46 million shares. The stock ended Friday's session at $28.25, down 3.32%, and at an intraday trading range of $28.24 and $29.47. National Instruments Corp.'s shares have fallen by 4.20% in the last one month and 11.77% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. National Instruments Corp.'s 200-day moving average of $29.80 is above its 50-day moving average of $29.14. Further, the company's shares are trading at a PE ratio of 44.77 and have an RSI of 39.11. Sign up today to read free research on NATI at:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.