NEW YORK, January 31, 2017 /PRNewswire/ --
Today, Stock-Callers.com recalls the current performances of Acacia Communications Inc. (NASDAQ: ACIA), Infinera Corp. (NASDAQ: INFN), ARRIS International PLC (NASDAQ: ARRS), and ViaSat Inc. (NASDAQ: VSAT). These companies belong to the Communication Equipment industry which is engaged in the manufacturing of telecommunications equipment such as telephones, modems, cable decoders, carrier switches, fiber cable, wireless equipment, and satellite communication equipment. Register now and get full and free access to our downloadable research reports on these stocks at:
Maynard, Massachusetts headquartered Acacia Communications Inc.'s stock finished Monday's session 4.44% lower at $58.27. A total volume of 1.71 million shares was traded, which was above their three months average volume of 1.49 million shares. The Company's shares are trading 12.52% below their 50-day moving average. Additionally, shares of Acacia Communications, which provides high-speed coherent interconnect products in the Americas, Europe, Middle East, Africa, and Asia/Pacific region, have a Relative Strength Index (RSI) of 40.02.
On December 07th, 2016, Acacia announced that it has established headquarters in Limerick, Ireland, for its Europe, Middle East, Africa, Asia/Pacific operations. The project is supported by the Department of Jobs, Enterprise & Innovation through the Industrial Development Agency Ireland. Acacia's corporate headquarters are located in Maynard, Massachusetts, and its workforce is predominantly located in the US. Access our complete research report on ACIA for free at:
On Monday, shares in Sunnyvale, California headquartered Infinera Corp. recorded a trading volume of 1.58 million shares. The stock ended the session 0.34% lower at $8.86. The Company's shares have advanced 4.73% in the last one month, 11.59% over the previous three months, and 4.36% on an YTD basis. The stock is trading 2.72% above its 50-day moving average. Moreover, shares of Infinera, which provides optical transport networking equipment, software, and services worldwide, have an RSI of 55.43.
On January 19th, 2017, research firm Piper Jaffray initiated a 'Neutral' rating on the Company's stock.
On January 25th, 2017, Infinera announced that ECIX, a leading provider of Internet Exchange (IX) services in Europe, deployed the Infinera Cloud Xpress to interconnect data centers in Frankfurt, Germany. The Cloud Xpress enables ECIX to optically interconnect data centers with hyperscale density, operational simplicity and low power consumption to deliver scalable IX services to its customers. ECIX, the second largest German Internet Exchange Point, delivers interconnection services in five markets. In August 2016, ECIX was acquired by Megaport (Europe) Limited, the European subsidiary of Megaport Limited. Working closely with Infinera partner TechAccess, a value-added information technology and networking solution provider, ECIX deployed the Infinera Cloud Xpress to expand capacity between multiple data centers in Frankfurt and support its customers' growing bandwidth demands. The complimentary research report on INFN can be downloaded at:
Shares in Suwanee, Georgia headquartered ARRIS International PLC closed the day 2.74% lower at $28.72. The stock recorded a trading volume of 1.19 million shares. The Company's shares have gained 5.90% in the previous three months. The stock is trading 7.80% above its 200-day moving average. Additionally, shares of ARRIS International, which provides media entertainment and data communications solutions in the US and internationally, have an RSI of 39.54.
On January 04th, 2017, ARRIS announced the ARRIS Secure Home Gateway portfolio, which will combine Intel™ Security's expertise in internet security with ARRIS's leading broadband solutions. The Company stated that ARRIS's Secure Home Gateway portfolio is the first to embed the McAfee® Secure Home Platform by Intel Security - for powerful, seamless, and hassle-free security for all devices connected to the network, including IoT devices. Register for free on Stock-Callers.com and get access to the latest PDF format report on ARRS at:
At the close, shares in Carlsbad, California headquartered ViaSat Inc. finished 0.97% lower at $63.38 with a total trading volume of 465,661 shares. The stock is trading below its 50-day moving average by 7.55%. Shares of the Company, which provides broadband and communications products and services worldwide, have an RSI of 29.52.
On December 19th, 2016, ViaSat and Boeing announced that Preliminary Design Review (PDR) for the first two ViaSat-3 class satellites was completed on November 16th, 2016. The Company stated that concluding PDR is the first critical milestone toward confirming the ViaSat-3 satellites will satisfy performance specifications and requirements when operating on orbit. Completion of this step allows ViaSat and Boeing to begin detailed design work on each satellite. The first flight hardware is on schedule to arrive in ViaSat's Tempe, Arizona satellite integration facility in late 2017. The first ViaSat-3 class satellite is expected to launch in 2019.
On January 25th, 2017, research firm RBC Capital Markets initiated an 'Underperform' rating on the Company's stock, with a target price of $42 per share. Download your free research report on VSAT at:
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