Wireless Communications Stocks Technical Data -- Sprint, xG Technology, T-Mobile US, and Globalstar

Jun 06, 2016, 08:30 ET from Chelmsford Park SA

NEW YORK, June 6, 2016 /PRNewswire/ --

On Friday, June 03, 2016, the NASDAQ Composite ended the trading session at 4,942.52, down 0.58%; the Dow Jones Industrial Average lost 0.18% to finish at 17,807.06; and the S&P 500 closed at 2,099.13, down 0.29%. ActiveWallSt.com has initiated coverage on the following equities: Sprint Corporation (NYSE: S), xG Technology Inc. (NASDAQ: XGTI), T-Mobile US Inc. (NASDAQ: TMUS), and Globalstar Inc. (NYSE MKT: GSAT). Learn more about these stocks by accessing their free trade alerts at:

http://www.activewallst.com/register/

Sprint Corp.'s stock edged 0.27% higher to close the day at $3.78 with a total volume of 7.37 million shares traded. The Company's stock has gained 8.93% in the past one month. The Company's shares are trading 6.67% above its 50-day moving average. Additionally, Sprint's stock has a Relative Strength Index (RSI) of 60.36. The Company was founded in 1899 and is headquartered in Overland Park, Kansas. Sign up and read the free notes on S at:

http://www.activewallst.com/register/

On Monday, shares in xG Technology Inc. which engages in the development of communication technologies for wireless networks worldwide, ended the session 2.78% lower at $0.19. The Company's stock recorded a trading volume of 32.31 million shares, which was above its three months average volume of 10.18 million shares. The Company's shares have rallied 74.21% in the last one month and 61.76% in the previous three months. The stock is trading 75.64% above its 50-day moving average. Moreover, shares of xG Technology have an RSI of 62.03. The complimentary notes on XGTI can be downloaded in PDF format at:

http://www.activewallst.com/register/

T-Mobile US Inc., together with its subsidiaries, provides mobile communications services for consumers and businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The stock finished Monday's session 1.02% higher at $43.63 with a total volume of 3.49 million shares traded. Over the last one month and the previous three months, the stock has gained 11.59% and 13.38%, respectively. Additionally, the Company's stock has advanced 10.90% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 9.14% and 11.81%, respectively. T-Mobile's stock has an RSI of 78.87. Register for free on ActiveWallSt.com and access the latest research on TMUS at:

http://www.activewallst.com/register/

On Monday, shares in Louisiana headquartered Globalstar Inc. recorded a trading volume of 112.75 million shares, which was higher than their three months average volume of 4.03 million shares. The Company provides mobile voice and data communications services through satellite worldwide. Shares of the Company traded at a PE ratio of 4.86. The stock is trading below its 50-day moving average by 52.36%. Furthermore, shares of Globalstar have an RSI of 22.77. Get free access to your trade alert on GSAT at:

http://www.activewallst.com/register/

--

Active Wall Street: 

Active Wall Street (AWS) 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. AWS 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. 

AWS 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 info@activewallst.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 AWS. AWS 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.  

NO WARRANTY 

AWS, 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. AWS, 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, AWS, 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 AWS 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://www.activewallst.com/disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly at: Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom Email: info@activewallst.com Phone number:  1-858-257-3144

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA