Motorola Solutions, LM Ericsson, Nokia, and Arris Group Early Briefing and Review

Apr 02, 2013, 08:00 ET from

LONDON, April 2, 2013 /PRNewswire/ --

First trading day of Q2 turned out to be one of the lightest trading volume days of the year. Major indices retreated on account of less than stellar manufacturing numbers. Data showed a slow rate of growth for the first quarter of the year. The Technology sector followed the broad market trends and its benchmark index NASDAQ closed 0.87 percent lower at 3,239.17. However, the sector is still in a bullish phase. Our research team tracked major communication companies including Nokia Corporation (NYSE: NOK), Ericsson (NASDAQ: ERIC), Motorola Solutions Inc. (NASDAQ: MSI) and Arris Group Inc. (NASDAQ: ARRS). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at  

Nokia Corporation closed Monday's trading session with a mild downward movement, accompanied with below average volume. The stock ended at $3.26, down 0.61 percent from its previous close. It traded in the range of $3.25 and $3.32 during yesterday's session. Nokia is highly volatile as it commands beta of 1.57. The company's current market capitalization stands at $12.54 billion. The stock has lost 14.44 percent on a YTD basis while its 52 weeks loss stands at 40.62 percent. The company has traded in the range of $1.63 and $5.53 in the past 52 weeks time period. Sign up for the free report on NOK at  

Ericsson is trading above its long-term moving average price, indicating a mildly bullish trend. It closed its latest trading session at $12.50, down 0.79 percent. The stock made a downward movement with below average volume of 2.22 million shares. Its usual daily trading volume stands at 4.85 million shares. Ericsson provided good return to its holders as it appreciated 25.5 percent this year. The stock also gained 21.24 percent in the past 52 weeks and traded in the range of $8.23 and $13.46 for the same time period. The Communication Equipment company is a mildly volatile stock as it commands beta of 1.06. ERIC free technical report can be accessed by signing up at

Motorola Solutions Inc. is currently trading in bullish territory. The stock closed its Monday's session at $63.70, down 0.52 percent. The stock may touch $65.84 level in the coming days. Upon breaching this level, the stock's next support price is at $66.08. Its stock is highly volatile with its beta at 1.47. So far in 2013, the stock appreciated 17.79 percent. Its 52 weeks gain stands at 25.32 percent. The stock has traded in the range of $44.49 and $64.23 during the said time period. Free report on MSI can be accessed by registering at

Arris Group Inc. trimmed its 52 weeks gain by closing 1.40 percent lower. The stock ended Monday's session at $16.93, while its highest price point for the session stood at $17.17. It traded 849,988 shares, down from its average daily volume of 1.01 million shares. Arris traded in the range of $10.85 and $17.98 in the past 52 weeks and currently it is trading near its high price point. The company commands market capitalization of $1.94 billion and it reported its latest EPS at $0.46. The company's stock gained more than 49 percent in the past 52 weeks, while its YTD gain stands at 14.94 percent. Read the full free research on ARRS by signing up to StockCall at

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