NEW YORK, December 28, 2016 /PRNewswire/ --
Today, Stock-Callers.com monitors the performances of the following Networking and Communication Devices equities: Cisco Systems Inc. (NASDAQ: CSCO), Juniper Networks Inc. (NYSE: JNPR), Zayo Group Holdings Inc. (NYSE: ZAYO), and Finisar Corp. (NASDAQ: FNSR). Communication and Networking products comprise all equipment installed as software for the purpose of representation, interpretation, and processing of data among persons, places, and machines. These devices are widely used in the computer industry to connect various electronic devices in order to exchange information. Learn more about these stocks by accessing their free research reports at:
California headquartered Cisco Systems Inc.'s shares rose 0.49%, finishing Tuesday's trading session at $30.68. A total volume of 14.15 million shares was traded. In the last one month and since the start of this year, the stock has advanced 1.96% and 16.89%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 1.03% and 4.50%, respectively. Moreover, shares of Cisco Systems, which designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide, have a Relative Strength Index (RSI) of 57.90.
On December 14th, 2016, Cisco announced that Telefonica will be upgrading its network in Spain to a next-generation infrastructure with the ASR 9000 and IOS XR. Using advanced Cisco Cloud Scale Networking technology of IOS XR, Telefonica can scale and capitalize on programmable networks for enabling simplicity and tighter control in delivering best-in-class services. Free research report on CSCO is available at:
On Tuesday, shares in Sunnyvale, California headquartered Juniper Networks Inc. recorded a trading volume of 1.32 million shares, and ended the session 0.77% higher at $28.68. The stock has gained 8.60% in the last one month, 19.75% in the previous three months, and 5.64% on an YTD basis. The Company's shares are trading 9.65% above their 50-day moving average and 19.48% above their 200-day moving average. Furthermore, shares of Juniper Networks, which designs, develops, and sells network products and services worldwide, have an RSI of 64.23.
On December 01st, 2016, Juniper Networks announced the Company's intent to acquire AppFormix, an innovator in cloud operations management. This acquisition will bring the power of analytics through machine learning and telemetry to Juniper's customers. The AppFormix team will report to Juniper's office of the CTO. The acquisition is expected to close in Q4 2016, subject to customary closing conditions.
On December 08th, 2016, research firm Nomura upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on JNPR can be downloaded at:
Shares in Boulder, Colorado headquartered Zayo Group Holdings Inc. closed at $33.69, rising 0.69% from the last trading session. The stock recorded a trading volume of 781,260 shares. The Company's shares have gained 12.98% in the previous three months and 26.70% since the start of this year. The stock is trading 1.96% and 16.19% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Zayo Group Holdings, which through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the US, Canada, and Europe, have an RSI of 54.33.
On December 14th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.
On December 27th, 2016, Zayo announced that a major communications and media company has selected Zayo for long haul dark fiber connectivity in the Northeast. The solution, which is fully on-net, requires limited capital expenditure and is expected to be completed in Q1 2017. The total contract is valued at approximately nine million dollars. The sale includes a four-fiber route from a data center in the Northeast, to the Company's operations center in the same region. Visit us today and access our complete research report on ZAYO at:
At the closing bell yesterday, shares in Sunnyvale, California headquartered Finisar Corp. ended 0.74% higher at $31.45 with a total trading volume of 998,681 shares. The stock has advanced 4.49% over the previous three months, and 116.30% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 2.10% and 38.65%, respectively. Furthermore, shares of Finisar, which provides optical subsystems and components for data communication and telecommunication applications in the US, Malaysia, China, and internationally, have an RSI of 50.50.
On December 19th, 2016, research firm Northland Capital upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.
As per a SEC filing dated December 21st, 2016, Finisar consummated its previously announced offering of $575.0 million aggregate principal amount of 0.50% Convertible Senior Notes due 2036 in a private placement on December 21st, 2016. The Notes will mature on December 15th, 2036, unless earlier converted, repurchased, or redeemed. The Notes bear interest at a rate of 0.50% per year. Get free access to your research report on FNSR at:
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