NEW YORK, July 29, 2016 /PRNewswire/ --
Electronic Equipment demand continues to be strong as technology still dominates the lives of a huge part of the global population. Companies in this industry produce and distribute electronic components and devices often used for communications, business, and entertainment. Stock-Callers.com is currently looking at four household names within this space, namely, Apple Inc. (NASDAQ: AAPL), Sony Corp. (NYSE: SNE), Koninklijke Philips N.V. (NYSE: PHG), and Harman International Industries Inc. (NYSE: HAR). Learn more about these stocks by accessing their free notes at:
On Thursday, shares in Cupertino, California headquartered Apple Inc. recorded a trading volume of 38.73 million shares, which was above their three months average volume of 38.62 million shares. The stock ended the session 1.35% higher at $104.34. The Company's shares have gained 11.49% in the last one month, 10.70% over the previous three months, and 0.27% since the start of this year. The stock is trading 7.34% above its 50-day moving average and 1.32% above its 200-day moving average. Moreover, shares of Apple, which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide, have a Relative Strength Index (RSI) of 69.45.
Apple announced its Q3 financial result after the closing bell on July 26th, 2016. Apple reported net income of $7.8 billion, down from $10.68 billion in the year earlier period. Earnings per share declined to $1.42 from $1.85. Revenue dropped 14.6% to $42.36 billion from $49.6 billion a year earlier. See our complete notes on AAPL at:
Tokyo, Japan headquartered Sony Corp.'s stock closed the day 0.95% higher at $30.68. A total volume of 1.46 million shares was traded, which was above their three months average volume of 1.39 million shares. The Company's shares have advanced 9.10% in the past month, 26.46% in the previous three months, and 24.66% on an YTD basis. The stock is trading 6.76% and 18.67% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Sony, which designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide, have an RSI of 59.77.
On July 20th, 2016, Sony Electronics announced the Z series, the next generation in television display technology with the ability to reproduce the deeper blacks, brighter lights, and vibrant colors of the real world. The Company stated that the new flagship Z series sits atop Sony's current X series line-up of premium 4K HDR Ultra HD TVs, which includes the award winning X930D and X940D. The complimentary notes on SNE can be accessed at:
Shares in Amsterdam, the Netherlands-based Koninklijke Philips N.V. recorded a trading volume of 3.89 million shares, which was higher than their three months average volume of 1.34 million shares. The stock ended yesterday's trading session 0.11% lower at $26.56. The Company's shares have advanced 11.97% in the past month and 7.99% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.34% and 4.10%, respectively. Furthermore, shares of Koninklijke Philips, which engages in healthcare, consumer lifestyle, and lighting businesses worldwide, have an RSI of 59.11.
On July 20th, 2016, Philips announced that it has signed an agreement to acquire Wellcentive, a leading US-based provider of population health management software solutions. Financial details of the transaction were not disclosed. Register for free on Stock-Callers.com and access the latest notes on PHG at:
Harman Intl. Industries
Stamford, Connecticut headquartered Harman International Industries Inc.'s stock finished Thursday's session 1.03% lower at $80.53 with a total volume of 694,234 shares traded. The Company's shares have advanced 16.83% in the last one month and 4.99% over the previous three months. The stock is trading above its 50-day moving average by 5.87%. Additionally, shares of Harman International Industries, which designs, engineers, manufactures, and markets audio, visual, and infotainment systems; and enterprise automation solutions and software services for consumers, automakers, and enterprises worldwide, have an RSI of 58.32.
On July 14th, 2016, Harman announced that it has received a 2016 IoT Evolution Business Impact Award from TMC and Crossfire Media. The Business Impact Awards recognize a select group of companies and business leaders who have successfully leveraged IoT to solve a business issue, launch a new service or create revenue opportunities.
On July 22nd, 2016, research firm Pacific Crest downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'. Get free access to your notes on HAR at:
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 firstname.lastname@example.org. 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
CONTACT 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: Email: email@example.com 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