NEW YORK, February 27, 2017 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com monitors four Communication Equipment companies which are: Nokia Corp. (NYSE: NOK), QUALCOMM Inc. (NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), and Ciena Corp. (NYSE: CIEN). These stocks belong to the Technology sector which ended barely changed during afternoon trade on Friday, February 24th, 2017, with shares of Tech companies in the S&P 500 slipping less than 0.1%. Learn more about these stocks by downloading their free report at:
Last Friday, shares in Espoo, Finland headquartered Nokia Corp. ended the session 0.19% lower at $5.14. The stock recorded a trading volume of 11.57 million shares. The Company's shares have advanced 11.26% in the last month, 22.67% over the previous three months, and 6.86% since the start of this year. The stock is trading 6.78% above its 50-day moving average. Moreover, shares of Nokia, which together with its subsidiaries, provides network infrastructure and related services worldwide, have a Relative Strength Index (RSI) of 68.31.
On February 13th, 2017, research firm Charter Equity upgraded the Company's stock rating from 'Market Underperform' to 'Market Perform'.
On 26th February 2017, Nokia announced that the award-winning Withings ecosystem of connected health products will launch under the iconic Nokia brand in early summer 2017, including connected scales, trackers, blood pressure monitors, thermometers, and home cameras, bringing beautifully designed devices to the global consumer market. At the same time Nokia will also unveil a redesigned Health Mate application. The free research report on NOK is available at:
San Diego, California headquartered QUALCOMM Inc.'s stock gained 0.14%, to close the day at $57.22 with a total trading volume of 10.61 million shares. The Company's shares have advanced 0.56% in the past month. The stock is trading 5.50% below its 200-day moving average. Additionally, shares of QUALCOMM, which develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the US, and internationally, have an RSI of 50.26.
On February 26th, 2017, Qualcomm announced that its subsidiary, Qualcomm Technologies, Inc. (QTI), is expanding the Qualcomm® Snapdragon™ X50 5G modem family to include 5G New Radio (NR) multi-mode chipset solutions compliant with the 3GPP-based 5G NR global system. The Company noted that supporting operation in the sub-6 GHz and multi-band millimeter wave (mmWave) spectrum; these new modems are designed to provide a unified 5G design for all major spectrum types and bands while addressing a wide range of use cases and deployment scenarios. The complimentary report on QCOM can be downloaded at:
Shares in Stockholm, Sweden headquartered Telefonaktiebolaget LM Ericsson recorded a trading volume of 14.35 million shares at the close of the last trading session, which was above their three months average volume of 4.34 million shares. The stock ended the day 1.23% lower at $6.45. The Company's shares have advanced 9.51% in the last one month, 24.52% over the previous three months, and 10.63% on an YTD basis. The stock is trading above its 50-day moving average by 9.90%. Furthermore, shares of Ericsson, which provides telecommunications equipment and related services to mobile and fixed network operators, have an RSI of 67.60.
On January 27th, 2017, research firm Charter Equity upgraded the Company's stock rating from 'Market Underperform' to 'Market Perform'.
On February 26th, 2017, Ericsson and Batelco announced that they have partnered in a major network deal to transform the Bahrain mobile network. The Mobile Network Enhancement Deal for 2017-2018 is the biggest deal between Ericsson and Batelco since their partnership began more than 35 years ago. Visit us today and download our complete research report on ERIC for free at:
Hanover, Maryland headquartered Ciena Corp.'s shares finished Friday's session 0.23% higher at $25.75. A total volume of 1.23 million shares was traded. The stock has advanced 2.26% in the last one month, 17.31% in the previous three months, and 5.49% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 5.00% and 20.10%, respectively. Furthermore, shares of Ciena, which provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide, have an RSI of 62.15.
On February 22nd, 2017, Ciena announced the launch of Waveserver Ai, bringing industry-leading capacity and power efficiencies to data center interconnect applications, along with a well-established server-like operational model that operators have come to expect from its Waveserver family. The Company stated that the easy-to-automate packet-optical platform enables ultra-high capacity connections between data center locations while reducing network costs for enterprises and content providers. Waveserver Ai also addresses the interconnection of multiple clouds for multi-tenant data center and cloud providers so they can offer more competitive high-speed, high-capacity services. Get free access to your technical report on CIEN at:
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