Diversified Electronics Equities Under Scrutiny -- Corning, TE Connectivity, Plug Power, and Silicon Motion Technology

Jun 22, 2016, 07:55 ET from Chelmsford Park SA

NEW YORK, June 22, 2016 /PRNewswire/ --

On Tuesday, June 21, 2016, the NASDAQ Composite ended the trading session at 4,843.76, up 0.14%; the Dow Jones Industrial Average advanced 0.14% to finish at 17,829.73; and the S&P 500 closed at 2,088.90, up 0.27%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Corning Inc.  (NYSE: GLW), TE Connectivity Ltd (NYSE: TEL), Plug Power Inc. (NASDAQ: PLUG), and Silicon Motion Technology Corporation (NASDAQ: SIMO). Learn more about these stocks by accessing their free trade alerts at:


Corning Inc.'s stock edged 0.29% lower to close the day at $20.37 with a total volume of 5.33 million shares traded. The Company manufactures and sells specialty glasses, ceramics, and related materials worldwide. The Company's shares have advanced 5.12% in the last one month and 0.98% in the previous three months. The stock is trading 2.46% and 10.10% above its 50-day and 200-day moving averages, respectively. Additionally, Corning's stock has a Relative Strength Index (RSI) of 49.23. Sign up and read the free notes on GLW at:


On Tuesday, shares in Schaffhausen, Switzerland-based TE Connectivity Ltd which together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions primarily in Switzerland, ended the session 0.46% higher at $61.77 with a total volume of 1.37 million shares traded. Shares of the Company traded at a PE ratio of 20.08. The Company's shares have advanced 6.81% in the last one month and 0.10% in the previous three months. The stock is trading 2.39% above its 50-day moving average and 1.34% above its 200-day moving average. Moreover, shares of TE Connectivity have an RSI of 60.52. The complimentary notes on TEL can be downloaded in PDF format at:


On Tuesday, shares in Latham, New York headquartered alternative energy technology provider, Plug Power Inc., recorded a trading volume of 2.08 million shares, which was higher than their three months average volume of 1.42 million shares. The stock ended the day 1.67% lower at $1.77. The Company's shares have advanced 5.36% in the last one month. The stock is trading below its 50-day moving average by 7.74%. Furthermore, shares of Plug Power have an RSI of 39.82. Register for free on Stock-Callers.com and access the latest research on PLUG at:


Zhubei City, Taiwan headquartered fabless semiconductor Company, Silicon Motion Technology Corp.'s stock finished Tuesday's session 0.80% higher at $45.42 with a total volume of 298,635 shares traded. Over the last one month and the previous three months, the Company's shares have gained 7.66% and 25.57%, respectively. Furthermore, the Company's stock has surged 27.68% in the past one year. The stock is trading above its 50-day and 200-day moving averages by 8.55% and 34.52%, respectively. Silicon Motion Technology's stock has an RSI of 57.86. Get free access to your trade alert on SIMO at:



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