NEW YORK, March 16, 2017 /PRNewswire/ --
Stock-Callers.com is currently monitoring these Communication Equipment equities: Acacia Communications Inc. (NASDAQ: ACIA), Impinj Inc. (NASDAQ: PI), Ceragon Networks Ltd (NASDAQ: CRNT), and ShoreTel Inc. (NASDAQ: SHOR). These companies are part of the Technology sector, which was mostly higher heading into the close on Wednesday, March 15th, 2017, with shares of Tech companies in the S&P 500 advancing more than 0.8% as a group. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Wednesday, shares in Maynard, Massachusetts headquartered Acacia Communications Inc. recorded a trading volume of 1.58 million shares, which was above their three months average volume of 1.48 million shares. The stock ended the session 0.96% higher at $51.66. The Company's shares are trading 11.88% below their 50-day moving average. Moreover, 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 40.74.
On February 24th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $125 a share to $100 a share.
On March 08th, 2017, Acacia Communications announced that it was recognized by the 2017 Lightwave Innovation Reviews with a score of 5.0 out of 5.0 possible points. Presented annually by Lightwave, the Lightwave Innovation Reviews program distinguishes top products and solutions available within the optical networking industry as determined by a panel of third-party judges. Judges include industry executives and analysts from a wide variety of service providers, technology developers, industry analysts, and journalists. Visit us today and access our complete research report on ACIA at:
Seattle, Washington headquartered Impinj Inc.'s stock closed the day 1.46% higher at $28.43, with a total trading volume of 566,995 shares. The Company's shares are trading 4.31% below their 200-day moving average. Shares of the company, which enables wireless connectivity to everyday items by delivering each items unique identity, location, and authenticity to business and consumer applications, have an RSI of 42.57. On February 20th, 2017, Impinj announced a partnership with STANLEY Healthcare, a market-leading provider of visibility solutions and analytics for the healthcare industry. As a result of this partnership, STANLEY Healthcare will integrate the Impinj Platform with the MobileView® Real-Time Location System software platform, and offer the Impinj-STANLEY Healthcare solution as part of its extensive portfolio.
On February 23rd, 2017, research firm Morgan Stanley initiated an 'Overweight' rating on the Company's stock, with a target price of $40 per share. The complimentary report on PI can be downloaded at:
Shares in Tel Aviv, Israel headquartered Ceragon Networks Ltd recorded a trading volume of 392,788 shares. The stock ended yesterday's trading session 2.35% higher at $3.49. The Company's shares have surged 37.94% in the last three months and 33.21% in the previous one year. The stock is trading above its 200-day moving average by 35.86%. Furthermore, shares of Ceragon Networks, which provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice, data, and multimedia services worldwide, have an RSI of 44.88.
On February 22nd, 2017, Ceragon Networks announced that it is expanding its market leading IP-20 wireless backhaul platform with Multicore Everywhere to include a broader set of multicore technology products. The products are designed to further help service providers address key 4.5G and 5G network challenges in every deployment scenario, including outdoor, split-mount, and all-indoor wireless nodes. Register for free on Stock-Callers.com and access the latest research report on CRNT at:
Sunnyvale, California headquartered ShoreTel Inc.'s stock finished Wednesday's session 1.67% higher at $6.10, with a total trading volume of 250,632 shares. The Company's shares are trading below their 50-day moving average by 11.45%. Shares of the Company, which provides business communication solutions for small and medium sized businesses, have an RSI of 30.65.
On March 07th, 2017, ShoreTel® announced that Georgia Tourism is relying on ShoreTel Summit™ to improve customer service and response times. With an IVR (integrated voice response) application built on Summit, Georgia Tourism has the ability to roll overflow calls to alternate offices and receive voicemail-to-email notifications during and after visitor center hours. The customized Summit application has helped to reduce hold times and improve the experience for visitors. Get free access to your research report on SHOR at:
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