NEW YORK, April 19, 2018 /PRNewswire/ --
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On Wednesday, shares in Massachusetts headquartered Acacia Communications Inc. recorded a trading volume of 2.58 million shares, which was above their three months average volume of 802,430 shares. The stock ended at $25.57, declining 3.25% from the last trading session. The Company's shares are trading below their 50-day moving average by 34.85%. Furthermore, shares of Acacia Communications, which develops, manufactures, and sells high-speed coherent optical interconnect products in the Americas, EMEA region, and Asia/Pacific region, have a Relative Strength Index (RSI) of 25.92.
On April 16th, 2018, Acacia Communications announced that it will release its Q1 2018 results on May 03rd, 2018, after the close of the US financial markets. The Company will host a conference call and live audio webcast at 5:00 p.m. ET that same day. During the conference call, management will discuss the Company's results, recent developments, and business outlook and strategy.
On April 17th, 2018, research firm Northland Capital reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $50 a share to $35 a share. Get the full research report on ACIA for free by clicking below at: www.wallstequities.com/registration/?symbol=ACIA
Massachusetts headquartered Casa Systems Inc.'s stock finished yesterday's session 1.41% lower at $32.85. A total volume of 799,038 shares was traded, which was above their three months average volume of 620,530 shares. The Company's shares have gained 2.34% in the last month and 64.58% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 27.27% and 44.97%, respectively. Furthermore, shares of Casa Systems, which provides software-centric broadband products in North America, Latin America, Asia/Pacific, EMEA region, have an RSI of 64.62.
On April 09th, 2018, Casa Systems announced the launch of its new Axyom™ Virtual Broadband Network Gateway (vBNG) Router solution that provides advanced subscriber management and routing capabilities for fixed broadband network providers. Built from the ground up as a cloud-native solution for both OpenStack and container-based cloud networks, Axyom vBNG easily addresses the greater diversity of 5G broadband demands through a unique design. The free technical report on CASA can be accessed at: www.wallstequities.com/registration/?symbol=CASA
On Wednesday, shares in Maryland headquartered Ciena Corp. saw a slight decline of 0.68%, ending the day at $26.35. The stock recorded a trading volume of 1.85 million shares. The Company's shares have advanced 15.22% in the previous three months and 18.85% over the past year. The stock is trading 6.18% and 14.32% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Ciena have an RSI of 59.91.
On March 27th, 2018, Ciena announced that it is introducing enhanced policy capabilities into its Blue Planet intelligent automation platform that incorporates the architectural framework from the Linux Foundation's open-source Open Networking Automation Platform to aid network providers' evolution to more adaptive, software-centric networks. The new Blue Planet policy subsystem will support advanced closed-loop automation use cases, such as preventing a potential failure or dynamically scaling capacity, to support growing bandwidth demands.
On April 04th, 2018, research firm Rosenblatt initiated a 'Buy' rating on the Company's stock. Sign up for free on Wall St. Equities and claim the latest report on CIEN at: www.wallstequities.com/registration/?symbol=CIEN
Florida headquartered Harris Corp.'s shares ended the day 0.79% higher at $168.28 with a total trading volume of 470,896 shares. The stock has gained 7.58% in the last month, 14.00% over the previous three months, and 53.60% over the past year. The Company's shares are trading 6.68% above their 50-day moving average and 21.37% above their 200-day moving average. Additionally, shares of Harris have an RSI of 66.43.
On April 04th, 2018, research firm Argus initiated a 'Buy' rating on the Company's stock, with a target price of $196 per share.
On April 10th, 2018, Harris announced that it will issue a press release reporting its Q3 FY18 financial results on May 02nd, 2018, at approximately 6:30 a.m. ET. The Company will host a conference call at 8:30 a.m. ET that same day to discuss its results. Get the full report on HRS for free by clicking below at: www.wallstequities.com/registration/?symbol=HRS
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