Communications Equipment Equities Coverage - Nokia OYJ, Emulex Corp., Brocade Communications Systems, Finisar, and Palo Alto Networks
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Nov 19, 2014, 08:55 ET
LONDON, November 19, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Nokia OYJ (NYSE: NOK), Emulex Corporation (NYSE: ELX), Brocade Communications Systems Inc. (NASDAQ: BRCD), Finisar Corporation (NASDAQ: FNSR), and Palo Alto Networks Inc. (NYSE: PANW). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, November 18, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,687.82, up 0.23% and the NASDAQ Composite closed at 4,702.44, up 0.67%. The S&P 500 finished the session 0.51% higher at 2,051.80. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 688.66, up 0.38%, with the index advancing 5.11% in the previous three months. Register for your complimentary reports on these five stocks at:
Nokia OYJ's stock surged 3.39%, to close the day at $7.93. The stock recorded a trading volume of 27.37 million shares, above its three months average volume of 19.30 million shares. The company's shares oscillated between $7.88 and $8.01 during the session. Over the last three trading sessions and over the past one month, Nokia OYJ's shares have fallen by 4.00% and 0.13%, respectively. However, the stock has advanced 1.41% in the previous three months and 2.13% since the start of this year. The stock is trading above its 200-day moving average of $7.65, while the 200-day moving average is below the 50-day moving average of $8.25. Additionally, the stock has a Relative Strength Index (RSI) of 37.82. Sign up and read the free notes on NOK at:
On Tuesday, shares in Emulex Corp. recorded a trading volume of 0.71 million shares, lower than its three months average volume of 0.96 million shares. The stock ended the day at the intraday low of $5.41, which was 0.73% below its previous day's closing of $5.45, and registered an intraday high of $5.54. Emulex Corp.'s shares have gained 2.85% in the last one month, while the stock has lost 1.81% in the previous three trading sessions and 24.44% on YTD basis. The stock is trading above its 50-day moving average of $5.28, which is below the 200-day moving average of $5.94. Furthermore, shares of Emulex Corp. have an RSI of 48.74. The complimentary notes on ELX can be downloaded as in PDF format at:
Shares in Brocade Communications Systems Inc. gained 1.86% to end Tuesday's session at $11.49, hitting a new 52-week high of $11.64. The stock recorded a trading volume of 7.70 million shares, above its three months average volume of 5.15 million shares. The company's shares fluctuated between $11.25 and $11.64 during the session. Shares of the company traded at a PE ratio of 17.89. Brocade Communications Systems Inc.'s shares have gained 29.61% since the beginning of 2014. Further, the stock has advanced 2.22% in the previous three trading sessions and 20.95% over the last one month. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $10.37 is above its 200-day moving average of $9.69. Brocade Communications Systems Inc.'s shares have an RSI of 73.03. Register for free on Investor-Edge and access the latest research on BRCD at:
On Tuesday, shares in Finisar Corp. fluctuated between $16.56 and $17.08 before ending the session 1.32% higher at $16.90. The stock reported a trading volume of 1.16 million shares, lower than its three months average volume of 2.33 million shares. Shares of the company traded at a PE ratio of 18.13. Although Finisar Corp.'s stock has gained 6.02% in the previous three trading sessions and 8.19% in the last one month, it has lost 15.92% in the past three months and 29.35% on YTD basis. The stock is trading above its 50-day moving average of $16.69, which is below the 200-day moving average of $21.24. Moreover, shares of Finisar Corp.'s have an RSI of 51.87. The complete research on FNSR is available for free at:
Palo Alto Networks Inc.'s stock finished Tuesday's session 0.32% lower at $109.00. A total of 0.85 million shares were traded, which was much below its three months average volume of 2.02 million shares. The stock vacillated between $108.64 and $110.74 during the session. Over the last one month and over the past three months, Palo Alto Networks Inc.'s shares have gained 9.74% and 27.37%, respectively. Additionally, from the beginning of 2014, the stock has rallied 89.66%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $101.53 is greater than its 200-day moving average of $81.29. Palo Alto Networks Inc.'s stock has an RSI of 59.39. Free in depth research on PANW is available at:
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