NEW YORK, November 15, 2016 /PRNewswire/ --
The Networking and Communication Devices industry has experienced decreasing revenue and demand over the past five years due to consumer shifts to lower-cost imports. In the next five-year period, the segment is anticipated to continue decreasing, as businesses rely heavily on faster Internet. Ahead of today's trading session, Stock-Callers.com presents four equities for review: Cisco Systems Inc. (NASDAQ: CSCO), Juniper Networks Inc. (NYSE: JNPR), Zayo Group Holdings Inc. (NYSE: ZAYO), and Finisar Corp. (NASDAQ: FNSR). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
San Jose, California headquartered Cisco Systems Inc.'s shares gained 0.03%, closing Monday's trading session at $31.37. The stock recorded a trading volume of 22.92 million shares, which was above its three months average volume of 21.37 million shares. Shares of the Company have advanced 3.94% in the last month, 1.64% in the previous three months, and 19.52% on an YTD basis. The stock is trading 1.59% above its 50-day moving average and 9.73% above its 200-day moving average. Additionally, 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 61.49.
On November 02nd, 2016, Cisco announced that it has scheduled a conference call for November 16th, 2016, at 4:30 PM (ET) to discuss its Q1 FY17 financial results. Financial results will be released after the close of the market on November 16th, 2016. Free research report on CSCO is available at: http://stock-callers.com/registration/?symbol=CSCO
On Monday, shares in Sunnyvale, California headquartered Juniper Networks Inc. recorded a trading volume of 5.99 million shares, which was above their three months average volume of 4.43 million shares. The stock rose 2.16%, ending the day at $25.96. The Company's shares have advanced 14.11% in the last month and 11.61% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 8.04% and 10.13%, respectively. Furthermore, shares of Juniper Networks, which designs, develops, and sells network products and services worldwide, have an RSI of 64.58.
On November 01st, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On November 03rd, 2016, Juniper Networks announced that it has been selected by MÁSMÓVIL, the fourth largest convergent services mobile operator in Spain with more than four million customers, to build a converged multi-service network for its next-generation network services. The new network will allow MÁSMÓVIL to efficiently expand its service offerings to multiple segments (residential, enterprise and carriers) powered by a single high-performance IP infrastructure. The complimentary research report on JNPR can be downloaded at: http://stock-callers.com/registration/?symbol=JNPR
Boulder, Colorado headquartered Zayo Group Holdings Inc.'s stock finished the day 2.77% lower at $31.98. A total volume of 2.99 million shares was traded, which was above their three months average volume of 2.91 million shares. The Company's shares have gained 2.70% in the last one month, 12.53% in the previous three months, and 20.27% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.88% and 16.05%, respectively. Additionally, shares of Zayo, which through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the US, Canada, and Europe, have an RSI of 52.13.
On November 10th, 2016, Zayo Group announced that M. Catherine Morris was elected to the company's Board of Directors, effective immediately. Morris will serve on the board's audit and compensation committees. Morris is the chief strategy officer of Arrow Electronics, leading its strategic initiatives, including global merger and acquisition activity. Visit us today and access our complete research report on ZAYO at: http://stock-callers.com/registration/?symbol=ZAYO
Shares in Sunnyvale, California headquartered Finisar Corp. ended yesterday's session 0.64% lower at $30.85. The stock recorded a trading volume of 2.03 million shares, which was higher than its three months average volume of 1.96 million shares. The Company's shares have advanced 6.82% in the last one month, 50.05% over the previous three months, and 112.17% on an YTD basis. The stock is trading 8.11% above its 50-day moving average and 54.04% above its 200-day moving average. Moreover, 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 64.79.
On October 31st, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $36 a share to $38 a share. Get free access to your research report on FNSR at: http://stock-callers.com/registration/?symbol=FNSR
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