NEW YORK, April 20, 2017 /PRNewswire/ --
On Wednesday, April 19, 2017, the Dow Jones Industrial Average and the S&P 500 edged 0.58% and 0.17% lower, respectively, at the closing bell, while the NASDAQ Composite stayed bullish, finishing marginally higher by 0.23%. Five out of nine sectors ended Wednesday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Communication Equipment equities this morning: CommScope Holding Company Inc. (NASDAQ: COMM), Acacia Communications Inc. (NASDAQ: ACIA), Ceragon Networks Ltd (NASDAQ: CRNT), and Impinj Inc. (NASDAQ: PI). Download the free research reports on these stocks today:
Hickory, North Carolina headquartered CommScope Holding Co. Inc.'s stock finished Wednesday's session 1.33% higher at $41.02 with a total volume of 1.66 million shares traded. Over the last one month and the previous three months, CommScope Holding's shares have advanced 2.19% and 14.74%, respectively. Furthermore, the stock has surged 54.09% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 3.32% and 18.66%, respectively. Shares of CommScope Holding, which provides infrastructure solutions for communications networks worldwide, are trading at a PE ratio of 36.11. The stock has a Relative Strength Index (RSI) of 55.32.
On April 12th, 2017, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $42 a share to $47 a share. See our free and comprehensive research report on COMM at:
Maynard, Massachusetts headquartered Acacia Communications Inc.'s stock fell 1.04%, to close the day at $52.15. The stock recorded a trading volume of 1.58 million shares, which was above its three months average volume of 1.55 million shares. Acacia Communications' shares have lost 3.59% in the last one month and 13.10% in the previous three months. The Company's shares are trading 7.21% and 28.27% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which provides high-speed coherent interconnect products in the Americas, Europe, Middle East, Africa, and Asia/Pacific region, are trading at a PE ratio of 22.54. Additionally, the stock has an RSI of 33.71. ACIA free research report PDF is just a click away at:
On Wednesday, shares in Tel Aviv, Israel headquartered Ceragon Networks Ltd ended the session 0.66% higher at $3.05 with a total volume of 301,225 shares traded. Ceragon Networks' shares have rallied 145.97% in the past one year. Shares of the Company, which provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice, data, and multimedia services worldwide, are trading at a PE ratio of 21.18. The stock is trading 10.39% above its 200-day moving average. Moreover, the Company's shares have an RSI of 31.25. Sign up for your complimentary report on CRNT at:
On Wednesday, shares in Seattle, Washington headquartered Impinj Inc. recorded a trading volume of 546,243 shares. The stock ended the day 4.04% higher at $34.49. Impinj's stock has gained 19.76% in the last one month and 12.57% in the previous three months. The Company's shares are trading above its 50-day and 200-day moving averages by 14.02% and 16.09%, respectively. Furthermore, shares of Impinj, which operates a platform that enables wireless connectivity to everyday items by delivering each items unique identity, location, and authenticity to business and consumer applications, have an RSI of 73.01. Register for free on Stock-Callers.com and download the latest research report on PI at:
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