NEW YORK, February 23, 2017 /PRNewswire/ --
Stock-Callers.com today reviews four equities to see how they have fared over the last couple of trading sessions: CommScope Holding Co. Inc. (NASDAQ: COMM), Viavi Solutions Inc. (NASDAQ: VIAV), Lumentum Holdings Inc. (NASDAQ: LITE), and A10 Networks Inc. (NYSE: ATEN). These companies belong to the Technology sector which held on for a slim gain on Wednesday, February 22nd, 2017, with shares of Tech companies in the S&P 500 adding about 0.1% in value. Learn more about these stocks by downloading their free report at:
On Wednesday, shares in Hickory, North Carolina headquartered CommScope Holding Co. Inc. recorded a trading volume of 3.35 million shares, which was above their three months average volume of 1.52 million shares. The stock ended the session 0.83% higher at $40.31. The Company's shares have gained 11.57% in the last one month, 13.71% in the previous three months, and 8.36% on an YTD basis. The stock is trading 7.80% above its 50-day moving average and 22.87% above its 200-day moving average. Moreover, shares of CommScope Holding, which provides infrastructure solutions for communications networks worldwide, have a Relative Strength Index (RSI) of 76.17.
On February 20th, 2017, CommScope announced that it is the first Founding Partner of Infrastructure Masons, an organization created to bring together technical professionals involved in infrastructure services - from end-users to consultants to vendors. The free research report on COMM is available at:
Milpitas, California headquartered Viavi Solutions Inc.'s stock closed the day 2.05% lower at $10.52 with a total trading volume of 1.94 million shares. The Company's shares have advanced 16.76% in the past month, 32.49% over the previous three months, and 28.61% since the start of this year. The stock is trading 17.11% and 37.20% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Viavi Solutions, which provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide, have an RSI of 69.42.
On February 06th, 2017, Viavi Solutions announced it has sold its ONT-600 400G tester to companies representing a significant cross-section of the high-speed optical networking ecosystem, demonstrating momentum in this emerging yet rapidly growing test category. The Company noted that its customers range from chip, module, and network equipment manufacturers, to a Tier-1 US carrier, to a leader in industrial leasing solutions. The complimentary report on VIAV can be downloaded at:
Shares in Milpitas, California headquartered Lumentum Holdings Inc. recorded a trading volume of 1.91 million shares, which was higher than their three months average volume of 1.14 million shares. The stock ended yesterday's trading session 5.52% lower at $49.65. The Company's shares have advanced 44.33% in the past month, 17.65% in the previous three months, and 28.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 23.16% and 43.49%, respectively. Furthermore, shares of Lumentum Holdings, which manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide, have an RSI of 65.65.
On February 07th, 2017, Lumentum announced that net revenue for Q2 FY17 was $265.0 million, with GAAP net income of $11.8 million, or $0.19 per diluted share. The Company's net revenue for Q2 FY16 was $218.3 million, with GAAP net income of $2.8 million, or $0.05 per diluted share. Lumentum held $155.9 million in total cash at the end of Q2 FY17 and remains debt-free.
On February 16th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $45 a share to $57.50 a share. Visit us today and download our complete research report on LITE for free at:
San Jose, California headquartered A10 Networks Inc.'s stock finished Wednesday's session 0.31% lower at $9.52 with a total trading volume of 433,638 shares. The Company's shares have advanced 19.90% in the last one month, 15.67% over the previous three months, and 14.56% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.01% and 16.03%, respectively. Additionally, shares of A10 Networks, which provides software based application networking and network security solutions in the US, Japan, and internationally, have an RSI of 66.05.
On February 09th, 2017, A10 Networks reported record revenue of $64.0 million for Q4 2016 which grew 13% on a y-o-y basis. The Company posted GAAP net loss of $1.8 million, or $0.03 per share, for Q4 2016 and non-GAAP net income of $2.3 million, or $0.03 per share.
On February 10th, 2017, research firm Dougherty & Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $10 a share to $10.50 a share. Get free access to your technical report on ATEN at:
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