NEW YORK, April 5, 2017 /PRNewswire/ --
On Tuesday, April 04, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. US markets saw a mixed session as 3 sectors closed in green, 3 sectors finished in red, and 3 sectors ended flat for the day. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Communication Equipment equities this morning: Lumentum Holdings Inc. (NASDAQ: LITE), Sierra Wireless Inc. (NASDAQ: SWIR), Mitel Networks Corporation (NASDAQ: MITL), and Turtle Beach Corporation (NASDAQ: HEAR). Download the free research reports on these stocks today:
On Tuesday, shares in Milpitas, California headquartered Lumentum Holdings Inc. recorded a trading volume of 1.53 million shares. The stock ended the day 2.04% lower at $50.45. Shares of the Company, which manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide, are trading at a PE ratio of 220.31. Lumentum Holdings' stock has gained 6.89% in the last one month and 35.25% in the previous three months. Furthermore, the stock has rallied 92.26% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 8.92% and 32.03%, respectively. Furthermore, shares of Lumentum Holdings have a Relative Strength Index (RSI) of 55.04.
On March 22nd, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $53 a share to $57 a share. See our free and comprehensive research report on LITE at:
Richmond, Canada headquartered Sierra Wireless Inc.'s stock finished Tuesday's session 0.76% higher at $26.50 with a total volume of 233,385 shares traded. Over the last three months and the previous one year, Sierra Wireless' shares have surged 67.72% and 86.10%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 6.50% and 49.27%, respectively. Shares of Sierra Wireless, which provides wireless wide area modem solutions for the mobile computing, rugged mobile, and machine-to-machine markets, are trading at a PE ratio of 57.24. The stock has an RSI of 50.22.
On March 27th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. SWIR free research report PDF is just a click away at:
Ottawa, Canada headquartered Mitel Networks Corp.'s stock edged 0.30% lower, to close the day at $6.70. The stock recorded a trading volume of 219,154 shares. Mitel Networks' shares have advanced 3.40% in the last one month. The Company's shares are trading 3.51% and 5.07% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which provides business communications and collaboration software, services, and solutions in the Americas, Europe, Middle East, Africa, and Asia/Pacific regions, are trading at a PE ratio of 24.10. Additionally, the stock has an RSI of 41.76. Sign up for your complimentary report on MITL at:
On Tuesday, shares in San Diego, California headquartered Turtle Beach Corp. ended the session 1.79% lower at $0.83 with a total volume of 291,575 shares traded. The stock is trading 23.74% below its 50-day moving average and 30.38% below its 200-day moving average. Moreover, shares of the Company, which develops, commercializes, and markets a range of products under the Turtle Beach and HyperSound brands in the North America, the UK, Europe, and internationally, have an RSI of 32.30. Register for free on Stock-Callers.com and download the latest research report on HEAR at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA