NEW YORK, February 15, 2017 /PRNewswire/ --
Stock-Callers.com takes a closer look at the Wireless Communications industry which consists of companies engaged in providing wireless communication services such as paging, cell phone, and other satellite telecommunication services. Equities under review today morning are: TIM Participacoes S.A. (NYSE: TSU), SK Telecom Co. Ltd (NYSE: SKM), Telephone and Data Systems Inc. (NYSE: TDS), and Ubiquiti Networks Inc. (NASDAQ: UBNT). These stocks research reports can be downloaded now by simply registering for free at:
Shares in Rio de Janeiro, Brazil headquartered TIM Participacoes S.A. rose 2.74%, ending Tuesday's trading session at $15.73. The stock recorded a trading volume of 2.00 million shares, which was above its three months average volume of 1.21 million shares. The Company's shares have surged 20.63% in the last one month, 33.42% over the previous three months, and 33.31% since the start of this year. The stock is trading 21.10% and 29.72% above their 50-day and 200-day moving averages, respectively. Moreover, shares of TIM Participacoes, which through its subsidiaries, provides mobile telecommunication services in Brazil, have a Relative Strength Index (RSI) of 81.55.
On January 23rd, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. Your complete research report on TSU can be retrieved for free at:
Seoul, South Korea headquartered SK Telecom Co. Ltd's stock climbed 0.45%, closing the day at $22.28 with a total trading volume of 360,723 shares. The Company's shares have advanced 3.72% in the last month, 6.35% in the previous three months, and 6.60% on an YTD basis. The stock is trading 3.50% above its 50-day moving average and 4.18% above its 200-day moving average. Additionally, shares of SK Telecom, which provides wireless telecommunications services in South Korea, have an RSI of 64.48.
On December 20th, 2016, Coiant, a global supplier of SDN-enabled end-to-end packet optical networking and DCI solutions, announced that SK Telecom has selected a Coriant submarine solution to extend 100G connectivity to Ulleungdo Island. The Coriant solution, based on the industry-leading Coriant® hiT 7300 Multi-Haul Transport Platform and Coriant® Transport Network Management System (TNMS), will enable SK Telecom to enhance delivery of mobile broadband services on Ulleungdo Island, which lies off the east coast of Korea. A free report on SKM is just a click away at:
Telephone and Data Systems
On Tuesday, shares in Chicago, Illinois headquartered Telephone and Data Systems Inc. recorded a trading volume of 491,486 shares, which was above their three months average volume of 466,740 shares. The stock ended the day 0.36% higher at $30.74. The Company's shares have gained 3.26% in the past month, 20.03% in the previous three months, and 6.48% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.94% and 8.66%, respectively. Furthermore, shares of Telephone and Data Systems, which provides wireless, wireline, cable, and hosted and managed services in the US, have an RSI of 59.96.
On February 01st, 2017, TDS Broadband Service LLC, a subsidiary of Telephone and Data Systems, announced the purchase of InterLinx Communications LLC and its subsidiary Tonaquint Networks LLC in Southern Utah. TDS announced its intent to purchase the companies in November 2016 and completed the sale on January 31st, 2017. A transitional services agreement is in place which allows the companies to share information to migrate critical telecom infrastructure, processes, and records. Sign up for your complimentary research report on TDS at:
San Jose, California headquartered Ubiquiti Networks Inc.'s stock declined 0.75%, finishing yesterday's session at $50.02. A total volume of 1.61 million shares was traded, which was above their three months average volume of 505,710 shares. The Company's shares are trading above their 200-day moving average by 0.57%. Additionally, shares of Ubiquiti Networks, which develops networking technology for service providers and enterprises worldwide, have an RSI of 24.06.
On February 09th, 2017, Ubiquiti Networks reported revenues of $213.5 million for Q2 FY17, up 32% on a y-o-y basis, primarily driven by robust demand for the Company's UniFi product family and increasing demand for new offerings for the Ubiquiti service provider community. The Company posted GAAP gross profit of $95.1 million and non-GAAP gross profit of $95.2 million for Q2 FY17. Ubiquiti Networks reported GAAP net income of $60.6 million, or $0.72 per share, for Q2 FY17 compared to GAAP net income of $49.5 million, or $0.57 per share, for Q2 FY16.
On February 10th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Neutral' to 'Underperform'. Register for free on Stock-Callers.com and download the latest research report on UBNT at:
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