2014

Communications Equipment Stocks under Review -- Research on Sonus Networks, Zhone Technologies, Aviat Networks, and CalAmp Editor Note: For more information about this release, please scroll to bottom.

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. (NASDAQ: SONS), Zhone Technologies Inc. (NASDAQ: ZHNE), Aviat Networks Inc. (NASDAQ: AVNW) and CalAmp Corp. (NASDAQ: CAMP). Free technical research on SONS, ZHNE, AVNW and CAMP can be downloaded upon signing up at:

http://www.investor-edge.com/2401-register

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:

http://www.investor-edge.com/2401-SONS-12May2014.pdf

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:

http://www.investor-edge.com/2401-ZHNE-12May2014.pdf

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:

http://www.investor-edge.com/2401-AVNW-12May2014.pdf

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:

http://www.investor-edge.com/2401-CAMP-12May2014.pdf


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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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