Pre-Market Technical Recap on Electronic Equipment Stocks -- Apple, Fabrinet, Philips, and Sony
NEW YORK, August 11, 2017 /PRNewswire/ --
If you want a Stock Review on AAPL, FN, PHG, or SNE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. For today, DailyStockTracker.com draws investors' attention to Apple Inc. (NASDAQ: AAPL), Fabrinet (NYSE: FN), Koninklijke Philips N.V. (NYSE: PHG), and Sony Corp. (NYSE: SNE). Electronic Equipment companies design, manufacture, and sell electrical and electronic products for consumer and industrial use. Their products can range from lighting solutions to medical equipment. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Apple
Cupertino, California headquartered Apple Inc.'s shares saw a decline of 3.56%, finishing Thursday's trading session at $155.32. A total volume of 39.57 million shares was traded, which was higher than their three months average volume of 27.10 million shares. In the last month and the previous three months, the stock has advanced 6.57% and 0.89%, respectively. Additionally, the Company's shares have gained 34.10% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.96% and 15.24%, respectively. Moreover, shares of Apple, which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide, have a Relative Strength Index (RSI) of 56.07.
On July 21st, 2017, Apple announced that Deirdre O'Brien, Vice President of Worldwide Sales and Operations, has been named vice president of People, reporting to CEO Tim Cook. A nearly 30-year Apple veteran, Deirdre will lead all HR functions including talent development, recruiting, benefits, compensation, and business support, as well as overseeing Apple University.
On August 04th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $170 a share to $180 a share. Free research report on AAPL is available at:
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Fabrinet
On Thursday, shares in George Town, the Cayman Islands-based Fabrinet recorded a trading volume of 413,861 shares, and ended the session 3.49% lower at $40.88. The stock has gained 12.77% over the previous three months and 1.44% on an YTD basis. The Company's shares are trading 0.69% above their 200-day moving average. Furthermore, shares of Fabrinet, which provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors, have an RSI of 38.80.
On July 24th, 2017, Fabrinet announced that it will release its Q4 FY17 and FY17 financial results for the period ended June 30th, 2017 after market close on August 21st, 2017. On that day, management will hold a conference call and webcast at 5:00 p.m. ET to review and discuss the Company's results. The live webcast will be available on the Company's investor website. The complimentary research report on FN can be downloaded at:
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Koninklijke Philips
Shares in Amsterdam, the Netherlands headquartered Koninklijke Philips N.V. closed at $37.08, down 1.41% from the last trading session. The stock recorded a trading volume of 1.02 million shares. The Company's shares have gained 2.32% in the last one month, 2.69% over the previous three months, and 21.30% since the start of this year. The stock is trading 1.25% and 14.19% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Philips, which operates as a health technology company worldwide, have an RSI of 47.56.
On August 01st, 2017, Koninklijke Philips (PHG) announced that it has completed the transaction with Profound Medical Corp. As previously announced on June 30th, 2017, the duo entered into an asset and share purchase agreement pursuant to which the latter agreed to acquire PHG's Magnetic Resonance-Guided High Intensity Focused Ultrasound business, in exchange for 7,400,000 Profound common shares to be issued to PHG by way of a private placement. Visit DailyStockTracker.com today and access our complete research report on PHG at:
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Sony
Tokyo, Japan headquartered Sony Corp.'s stock ended 2.85% lower at $38.88. A total volume of 1.00 million shares was traded, which was above their three months average volume of 935,110 shares. The Company's shares have advanced 9.24% over the previous three months and 38.71% on an YTD basis. The stock is trading above its 200-day moving average by 16.66%. Furthermore, shares of Sony, which designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide, have an RSI of 42.52. Get free access to your research report on SNE at:
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