How These Communication Equipment Stocks are Faring? -- Ciena, Infinera, ARRIS, and Motorola Solutions
NEW YORK, May 11, 2017 /PRNewswire/ --
The Communication Equipment industry consists of companies engaged in manufacturing telecommunications equipment such as telephones, modems, cable decoders, carrier switches, fiber cable, wireless, and satellite communication. Pre-market today, Stock-Callers.com monitors the performances of these four stocks: Ciena Corp. (NYSE: CIEN), Infinera Corp. (NASDAQ: INFN), ARRIS International PLC (NASDAQ: ARRS), and Motorola Solutions Inc. (NYSE: MSI). Register now and get full and free access to our downloadable research reports on these stocks at:
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Ciena
On Wednesday, shares in Hanover, Maryland headquartered Ciena Corp. recorded a trading volume of 2.47 million shares. The stock ended at $23.64, climbing 0.68% from the last trading session. The Company's shares have gained 7.80% in the last one month. The stock is trading above its 50-day and 200-day moving averages by 1.41% and 4.51%, respectively. Furthermore, shares of Ciena, which provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide, have a Relative Strength Index (RSI) of 64.96.
On April 19th, 2017, Ciena announced that Globecomm has deployed the Company's converged packet-optical and packet networking solutions to meet growing content distribution requirements for a variety of critical applications, including video for breaking news stories, disaster recovery for armed forces, and essential connectivity to maritime ships crossing oceans around the world. With this network, Globecomm can cost-effectively increase the capacity, reliability, and availability of high-bandwidth services to more than 250 customers throughout its global footprint. Access our complete research report on CIEN for free at:
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Infinera
Sunnyvale, California headquartered Infinera Corp.'s stock finished yesterday's session 0.94% lower at $9.49 with a total trading volume of 1.25 million shares. The Company's shares have gained 3.38% over the previous three months and 11.78% on an YTD basis. The stock is trading above its 200-day moving average by 2.03%. Furthermore, shares of Infinera, which provides optical transport networking equipment, software, and services worldwide, have an RSI of 43.10.
On May 09th, 2017, Infinera announced a successful subsea field test with Canalink across its subsea cable. The test, conducted with the Infinera Infinite Capacity Engine, and featuring the Company's fourth-generation photonic integrated circuit, demonstrated the capability to upgrade the cable capacity 13-fold. The complimentary research report on INFN can be downloaded at:
http://stock-callers.com/registration/?symbol=INFN
ARRIS
At the close of trading on Wednesday, shares in Suwanee, Georgia headquartered ARRIS International PLC rose 0.53%, ending the day at $28.19. The stock recorded a trading volume of 1.44 million shares. The Company's shares have advanced 5.86% in the last one month. The stock is trading 8.21% and 0.85% above its 50-day and 200-day moving averages, respectively. Moreover, shares of ARRIS International, which together with its subsidiaries, provides media entertainment and data communications solutions in the US and internationally, have an RSI of 73.31.
On April 24th, 2017, ARRIS International announced two, new advanced Satellite Receiver solutions for satellite distribution networks: the DSR-7412 Integrated Receiver/Transcoder and DSR-4470 Integrated Receiver/Decoder. The new receivers feature next-generation HEVC UHD/4K decoding and DVB-S2X demodulation capabilities, adding to the Company's leading portfolio of satellite distribution solutions. Register for free on Stock-Callers.com and get access to the latest PDF format report on ARRS at:
http://stock-callers.com/registration/?symbol=ARRS
Motorola Solutions
Chicago, Illinois headquartered Motorola Solutions Inc.'s shares ended the day 1.18% higher at $85.77. A total volume of 1.26 million shares was traded, which was above their three months average volume of 1.13 million shares. The stock has gained 2.46% in the last month, 10.24% over the previous three months, and 4.07% on an YTD basis. The Company's shares are trading 2.67% above their 50-day moving average and 8.92% above their 200-day moving average. Additionally, shares of Motorola Solutions, which provides mission-critical communication infrastructure, devices, accessories, software, and services in North America, Latin America, Asia/Pacific, Middle/East, Europe, and Africa, have an RSI of 57.79.
On May 01st, 2017, Motorola Solutions announced that it has entered into an agreement to acquire Kodiak Networks, a privately held provider of broadband push-to-talk for commercial customers. The acquisition agreement is subject to customary closing conditions and is expected to close later this year. Download your free research report on MSI at:
http://stock-callers.com/registration/?symbol=MSI
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