NEW YORK, November 15, 2016 /PRNewswire/ --
The Networking and Communication Devices industry has experienced decreasing revenue and demand over the past five years due to consumer shifts to lower-cost imports. In the next five-year period, the segment is anticipated to continue decreasing, as businesses rely heavily on faster Internet. Ahead of today's trading session, Stock-Callers.com presents four equities for review: Cisco Systems Inc. (NASDAQ: CSCO), Juniper Networks Inc. (NYSE: JNPR), Zayo Group Holdings Inc. (NYSE: ZAYO), and Finisar Corp. (NASDAQ: FNSR). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
San Jose, California headquartered Cisco Systems Inc.'s shares gained 0.03%, closing Monday's trading session at $31.37. The stock recorded a trading volume of 22.92 million shares, which was above its three months average volume of 21.37 million shares. Shares of the Company have advanced 3.94% in the last month, 1.64% in the previous three months, and 19.52% on an YTD basis. The stock is trading 1.59% above its 50-day moving average and 9.73% above its 200-day moving average. Additionally, shares of Cisco Systems, which designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide, have a Relative Strength Index (RSI) of 61.49.
On November 02nd, 2016, Cisco announced that it has scheduled a conference call for November 16th, 2016, at 4:30 PM (ET) to discuss its Q1 FY17 financial results. Financial results will be released after the close of the market on November 16th, 2016. Free research report on CSCO is available at: http://stock-callers.com/registration/?symbol=CSCO
On Monday, shares in Sunnyvale, California headquartered Juniper Networks Inc. recorded a trading volume of 5.99 million shares, which was above their three months average volume of 4.43 million shares. The stock rose 2.16%, ending the day at $25.96. The Company's shares have advanced 14.11% in the last month and 11.61% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 8.04% and 10.13%, respectively. Furthermore, shares of Juniper Networks, which designs, develops, and sells network products and services worldwide, have an RSI of 64.58.
On November 01st, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On November 03rd, 2016, Juniper Networks announced that it has been selected by MÁSMÓVIL, the fourth largest convergent services mobile operator in Spain with more than four million customers, to build a converged multi-service network for its next-generation network services. The new network will allow MÁSMÓVIL to efficiently expand its service offerings to multiple segments (residential, enterprise and carriers) powered by a single high-performance IP infrastructure. The complimentary research report on JNPR can be downloaded at: http://stock-callers.com/registration/?symbol=JNPR
Boulder, Colorado headquartered Zayo Group Holdings Inc.'s stock finished the day 2.77% lower at $31.98. A total volume of 2.99 million shares was traded, which was above their three months average volume of 2.91 million shares. The Company's shares have gained 2.70% in the last one month, 12.53% in the previous three months, and 20.27% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.88% and 16.05%, respectively. Additionally, shares of Zayo, which through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the US, Canada, and Europe, have an RSI of 52.13.
On November 10th, 2016, Zayo Group announced that M. Catherine Morris was elected to the company's Board of Directors, effective immediately. Morris will serve on the board's audit and compensation committees. Morris is the chief strategy officer of Arrow Electronics, leading its strategic initiatives, including global merger and acquisition activity. Visit us today and access our complete research report on ZAYO at: http://stock-callers.com/registration/?symbol=ZAYO
Shares in Sunnyvale, California headquartered Finisar Corp. ended yesterday's session 0.64% lower at $30.85. The stock recorded a trading volume of 2.03 million shares, which was higher than its three months average volume of 1.96 million shares. The Company's shares have advanced 6.82% in the last one month, 50.05% over the previous three months, and 112.17% on an YTD basis. The stock is trading 8.11% above its 50-day moving average and 54.04% above its 200-day moving average. Moreover, shares of Finisar, which provides optical subsystems and components for data communication and telecommunication applications in the US, Malaysia, China, and internationally, have an RSI of 64.79.
On October 31st, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $36 a share to $38 a share. Get free access to your research report on FNSR at: http://stock-callers.com/registration/?symbol=FNSR
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA