Active Equities to Watch in the Technology Sector -- VeriSign, China Mobile, Renren, and Harmonic

Jul 01, 2016, 08:20 ET from Chelmsford Park SA

NEW YORK, July 1, 2016 /PRNewswire/ --

On Thursday, June 30, 2016, the NASDAQ Composite ended the trading session at 4,842.67, up 1.33%; the Dow Jones Industrial Average advanced 1.33%, to finish at 17,929.99; and the S&P 500 closed at 2,098.86, up 1.36%. The gains were broad based as all the sectors ended the session in positive. has initiated coverage on the following equities: VeriSign Inc. (NASDAQ: VRSN), China Mobile Ltd (NYSE: CHL), Renren Inc. (NYSE: RENN), and Harmonic Inc. (NASDAQ: HLIT). Learn more about these stocks by accessing their free trade alerts at:

VeriSign Inc. provides domain name registry services and Internet security worldwide.  The stock finished Thursday's session 2.33% higher at $86.46 with a total volume of 979,071 shares traded. Over the last one month and the previous one year, the Company's shares have advanced 1.26% and 36.59%, respectively. The stock is trading above its 50-day and 200-day moving averages by 1.23% and 4.24%, respectively. VeriSign's stock traded at a PE ratio of 29.03 and has a Relative Strength Index (RSI) of 54.51. Sign up and read the free notes on VRSN at:

On Thursday, shares in Central, Hong Kong-based investment holding Company, China Mobile Ltd, ended the session 1.10% higher at $57.90 with a total volume of 645,148 shares traded. Shares of the Company traded at a PE ratio of 14.41. The Company's shares have advanced 1.51% in the last one month, and 5.23% in the previous three months. The stock is trading 3.71% above its 50-day moving average and 3.52% above its 200-day moving average. Moreover, shares of China Mobile have an RSI of 59.54. The complimentary notes on CHL can be downloaded in PDF format at:

On Thursday, shares in Renren Inc. which operates a social networking Internet platform in the People's Republic of China, recorded a trading volume of 2.85 million shares, which was higher than their three months average volume of 614,550 shares. The stock ended the day 2.19% lower at $1.79. The stock is trading below its 50-day moving average by 25.63%. Furthermore, shares of Renren have an RSI of 26.76. Register for free on and access the latest research on RENN at:

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. The stock advanced 1.79% to close the day at $2.85 with a total volume of 595,020 shares traded. The Company's shares have advanced 0.35% in the last one month. The stock is trading 5.72% below its 50-day moving average. Additionally, Harmonic's stock has an RSI of 46.14. Get free access to your trade alert on HLIT at:

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