Pre-Market Technical Scan on Communication Equipment Equities -- Ciena, Harris, Motorola Solutions, and Nokia
NEW YORK, March. 8, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CIEN, HRS, MSI, and NOK which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Ciena Corp. (NYSE: CIEN), Harris Corp. (NYSE: HRS), Motorola Solutions Inc. (NYSE: MSI), and Nokia Corp. (NYSE: NOK). These stocks are part of the Communication Equipment industry, which includes manufacturers of communications equipment and products, such as LANs, WANs, routers, telephones, switchboards, and exchanges. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Ciena
On Wednesday, shares in Hanover, Maryland headquartered Ciena Corp. recorded a trading volume of 7.78 million shares, which was above their three months average volume of 3.43 million shares. The stock ended the session 2.84% higher at $26.44. The Company's shares have gained 25.67% in the last month, 22.41% over the previous three months, and 1.03% over the past year. The stock is trading 18.65% above its 50-day moving average and 15.22% above its 200-day moving average. Moreover, shares of Ciena have a Relative Strength Index (RSI) of 78.13.
On February 14th, 2018, Ciena has developed innovative 5G Network Solutions to help operators scale their current 4G networks, while simultaneously preparing for the impending evolution toward 5G. Compared to 4G LTE, 5G is expected to offer 100x faster speeds, 100x more devices, 10x lower latency, and 1000x higher data volumes. This will enable the use of Fixed Wireless Access, mobile broadband, augmented/virtual reality, IoT, and many more applications.
On March 07th, 2018, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $24 a share to $29 a share. Get the full research report on CIEN for free by clicking below at:
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Harris
Melbourne, Florida headquartered Harris Corp.'s stock closed the day 0.70% higher at $155.76 with a total trading volume of 675,420 shares. The Company's shares have advanced 5.10% in the past month, 9.93% in the previous three months, and 41.95% over the past year. The stock is trading 4.04% and 18.46% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Harris have an RSI of 55.18.
On February 23rd, 2018, Harris' Board of Directors has declared a quarterly cash dividend of 57 cents per share on the Company's common stock, payable on March 21st, 2018, to shareholders of record March 08th, 2018. Free research on HRS can be accessed at:
www.wallstequities.com/registration/?symbol=HRS
Motorola Solutions
Shares in Chicago, Illinois headquartered Motorola Solutions Inc. recorded a trading volume of 898,965 shares. The stock ended yesterday's trading session 0.42% higher at $108.84. The Company's shares have advanced 7.70% in the past month, 16.24% in the previous three months, and 36.63% over the past year. The stock is trading above its 50-day and 200-day moving averages by 10.02% and 19.49%, respectively. Furthermore, shares of Motorola Solutions, which together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the US, the UK, and internationally, have an RSI of 72.78.
On February 15th, 2018, Motorola Solutions announced that its Board of Directors has approved a regular quarterly dividend of $0.52 per share, payable in cash on April 13th, 2018, to stockholders of record at the close of business on March 15th, 2018. The Board also set May 14th, 2018 as the date for its Annual Stockholders Meeting to be held in Washington, D.C., and set March 16th, 2018 as the record date for determining stockholders eligible to vote at this meeting.
On February 23rd, 2018, research firm Raymond James resumed its 'Outperform' rating on the Company's stock. Visit WallStEquities.com now and sign up for the free research on MSI at:
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Nokia
Espoo, Finland headquartered Nokia Corp.'s stock finished Wednesday's session 1.03% higher at $5.88 with a total trading volume of 13.86 million shares. The Company's shares have advanced 10.53% in the last month, 24.05% over the previous three months, and 12.43% over the past year. The stock is trading above its 50-day and 200-day moving averages by 12.81% and 3.18%, respectively. Additionally, shares of Nokia, which together with its subsidiaries, provides network infrastructure and related services worldwide, have an RSI of 66.80.
On March 06th, 2018, Nokia announced the appointment of Sanjay Goel as President of Global Services and member of the Group Leadership Team, effective April 01st, 2018. Goel will report to President and CEO, Rajeev Suri. Igor Leprince, who previously held the Global Services position, will support Goel during a transition period, and then leave to pursue opportunities outside the Company. The free technical report on NOK is available at:
www.wallstequities.com/registration/?symbol=NOK
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