Pre-Market Technical Scan on Communication Equipment Equities -- A10 Networks, ADTRAN, Aerohive Networks, and BlackBerry
NEW YORK, March 23, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ATEN, ADTN, HIVE, and BB which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com assesses A10 Networks Inc. (NYSE: ATEN), ADTRAN Inc. (NASDAQ: ADTN), Aerohive Networks Inc. (NYSE: HIVE), and BlackBerry Ltd (NYSE: BB). Communication Equipment companies are engaged in manufacturing telecommunications equipment such as telephones, modems, cable decoders, carrier switches, fiber cable, wireless, and satellite communication equipment. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
A10 Networks
On Thursday, shares in San Jose, California headquartered A10 Networks Inc. recorded a trading volume of 379,344 shares. The stock ended the session 0.16% lower at $6.25. The Company's shares are trading 3.86% below their 50-day moving average. Moreover, shares of A10 Networks, which provides software and hardware solutions in the US, Japan, and internationally, have a Relative Strength Index (RSI) of 42.57.
On March 16th, 2018, A10 Networks (ATEN) announced that it has reached a settlement agreement with VIEX Capital Advisors, which, together with its affiliates, beneficially owns approximately 5.3% of ATEN's outstanding shares. Under the terms of the agreement, ATEN appointed Tor R. Braham to its board of directors, effective March 14th, 2018. Additionally, ATEN's Board of Directors will submit for stockholder approval a proposal to declassify the Board at its 2018 annual meeting.
On March 19th, 2018, research firm DA Davidson downgraded the Company's stock rating from 'Buy' to 'Neutral' while revising its previous target price from $8 a share to $7 a share. Get the full research report on ATEN for free by clicking below at: www.wallstequities.com/registration/?symbol=ATEN
ADTRAN
Huntsville, Alabama headquartered ADTRAN Inc.'s stock closed the day 1.87% lower at $15.75 with a total trading volume of 606,537 shares. The stock is trading 4.77% below their 50-day moving average. Shares of the Company, which provides networking and communications equipment worldwide, has an RSI of 41.77.
On February 28th, 2018, ADTRAN announced that EWE TEL, one of the largest regional providers of telecommunications services in Germany, has selected the former and begun the rollout of turnkey network implementation services, including equipment swap, project management, and data migration services. EWE TEL is making significant investments in its broadband network to become even more competitive in its region and provide more advanced services to residential and business customers. Free research on ADTN can be accessed at: www.wallstequities.com/registration/?symbol=ADTN
Aerohive Networks
Shares in Milpitas, California headquartered Aerohive Networks Inc. recorded a trading volume of 315,588 shares. The stock ended yesterday's trading session 2.12% lower at $4.15. The Company's shares are trading below their 50-day moving average by 5.86%. Furthermore, shares of Aerohive Networks, which together with its subsidiaries, designs and develops cloud networking and enterprise Wi-Fi solutions in the Americas, EMEA region, and Asia/Pacific, have an RSI of 39.66.
On March 01st, 2018, Aerohive Networks (HIVE) announced a series of network-compliance and optimization enhancements for retailers, including high-density and reliable network-access features with the Wi-Fi Alliance's new Vantage program and PCI 3.2 reporting in HiveManager® for improved compliance when handling sensitive customer data. HIVE's new performance and security updates help retailers deliver consistent, reliable, and compliant connectivity in most any location. Visit WallStEquities.com now and sign up for the free research on HIVE at: www.wallstequities.com/registration/?symbol=HIVE
BlackBerry
Waterloo, Canada headquartered BlackBerry Ltd's stock finished Thursday's session 2.58% lower at $12.82. A total volume of 7.37 million shares was traded, which was above their three months average volume of 6.33 million shares. The Company's shares have advanced 5.08% in the last month, 17.94% over the previous three months, and 82.10% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.02% and 17.50%, respectively. Additionally, shares of BlackBerry, which operates as security software and services company in securing, connecting, and mobilizing enterprises worldwide, have an RSI of 50.56.
On March 22nd, 2018, BlackBerry (BB) and Jaguar Land Rover announced that they have entered into a multi-year agreement to collaborate and develop technology for the automotive manufacturer's next-generation vehicles. As part of the agreement, BB will license its QNX and Certicom technology to Jaguar Land Rover as well as assign a team of engineers to support in the development of new Electronic Control Unit (ECU) modules. The first ECU project will be a next-generation infotainment system. The free technical report on BB is available at: www.wallstequities.com/registration/?symbol=BB
--
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 protected]. 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 WSE. WSE 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.
NO WARRANTY
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-disclaimer/
CONTACT
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:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Share this article