Pre-Market Analysis: JDS Uniphase Corp., CIENA Corp., Harris Corp., and ADTRAN Inc.
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Sep 11, 2013, 08:00 ET
LONDON, September 11, 2013 /PRNewswire/ --
On Tuesday, September 10, 2013, the S&P 500 ended the day at 1,683.99, up 0.73%; the Dow Jones Industrial Average closed at 15,191.06, up 0.85%; and the NASDAQ Composite finished at 3,729.02, up 0.62%. Shares in communication equipment companies ended on a higher note as the broader market advanced. The major movers in the industry included JDS Uniphase Corporation (NASDAQ: JDSU), Ciena Corporation (NASDAQ: CIEN), Harris Corporation (NYSE: HRS), and ADTRAN Inc. (NASDAQ: ADTN). All these companies are tracked by AAAResearchReports.com. Free technical research on JDSU, CIEN, HRS, and ADTN can be downloaded upon signing up at:
Shares in JDS Uniphase Corp. rose sharply on Tuesday, extending their gains from previous trading sessions. The company's shares ended the day 1.68% higher at $15.13 after vacillating between $14.92 and $15.19. A total of 7.84 million shares were traded, which is above the daily average volume of 4.64 million. The company's shares have advanced 8.42% in the previous three trading sessions and 3.14% in the last one month, outperforming the S&P 500 which has gained 1.75% and lost 0.44% during the respective periods. Furthermore, JDS Uniphase Corp.'s stock is trading near its 52-week high of $15.63 and above its 50-day and 200-day moving averages of $14.31 and $13.82, respectively. Sign up and read the complimentary report on JDSU at:
Ciena Corp.'s stock surged on Tuesday, hitting a 52-week high of $25.03. The company's shares closed the day at $24.96, up 2.86% from the previous day's price of $24.26. A total of 4.84 million shares were traded, which is above the daily average volume of 3.44 million. The company's shares have gained 10.76% in the previous one month and 23.72% in the last three months, outperforming the S&P 500 during both periods. Further, Ciena Corp.'s stock is trading above its 50-day and 200-day moving averages of $21.67 and $17.47, respectively. The free report on CIEN can be downloaded by signing up now at:
On Tuesday, Harris Corp.'s stock advanced 0.57%, extending its gains from the previous trading session. The company's shares ended the day at $58.07 after fluctuating between $57.54 and $58.09. A total of 0.44 million shares were traded, which is less than the daily average volume of 0.67 million. Harris Corp.'s shares have advanced 0.73% in the last one month and 15.33% in the previous three months, compared to a loss of 0.44% and a gain of 2.51% in the S&P 500 during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $58.56 and above its 50-day and 200-day moving averages of $54.70 and $49.33, respectively. A free report on HRS can be accessed by registering at:
On Tuesday, ADTRAN Inc.'s stock rose sharply to close at $27.34, up 1.33% from the previous day's closing price of $26.98. The company's shares oscillated between $26.73 and $27.36 during the trading session. A total of 0.42 million shares were traded, which is below the daily average volume of 0.70 million. The company's shares have gained 4.95% in the last one month and 13.02% in the last three months, outperforming the S&P 500 during both the periods. Additionally, ADTRAN Inc.'s stock is trading near its 52-week high of $27.92 and above its 50-day and 200-day moving averages of $25.62 and $22.26, respectively. Register with AAA Research Reports and download research on ADTN for free at:
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