NEW YORK, July 29, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Ericsson (NASDAQ : ERIC ), Ciena Corporation (NYSE : CIEN ), JDS Uniphase Corporation (NASDAQ : JDSU ), ADTRAN Inc. (NASDAQ : ADTN ), and Infoblox Inc. (NYSE : BLOX ). Free research report on Ericsson can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=ERIC. On Tuesday, July 28, 2015, the NASDAQ Composite ended at 5,089.21, up 0.98%, the Dow Jones Industrial Average advanced 1.09%, to finish the day at 17,630.27, and the S&P 500 closed at 2,093.25, up 1.24%. The gains were broad based as all the sectors ended the session in positive. Register for your complimentary reports at the links given below.
On Tuesday, shares in Ericsson ended the session 1.49% lower at $10.59. The stock reported a trading volume of 4.93 million shares, above its three months average volume of 3.73 million shares. Shares of the company traded at a PE ratio of 28.62. Ericsson's shares have lost 2.93% in the last one month, 6.70% in the previous three months and 9.72% on YTD basis. The stock is trading 3.54% below its 50-day moving average and 9.18% below its 200-day moving average. Moreover, shares of Ericsson have a Relative Strength Index (RSI) of 44.69. Sign up and read the free notes on ERIC at:
Ciena Corp.'s stock edged 0.04% lower, to close the day at $25.01. The stock recorded a trading volume of 2.06 million shares, below its three months average volume of 2.92 million shares. Over the last one month and over the past three months, Ciena Corp.'s shares have gained 2.63% and 11.90%, respectively. Furthermore, the stock has surged 28.85% since the start of this year. The company's shares are trading 2.07% above their 50-day moving average and 22.98% above their 200-day moving average. Additionally, Ciena Corp. has an RSI of 52.80. The complimentary notes on CIEN can be downloaded in PDF format at:
On Tuesday, shares in JDS Uniphase Corp. recorded a trading volume of 3.38 million shares, higher than their three months average volume of 2.29 million shares. The stock ended the day 0.63% lower at $11.02. JDS Uniphase Corp.'s stock has lost 8.24% in the last one month, 17.39% in the previous three months and 19.68% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 9.34% and 14.75%, respectively. Furthermore, shares of JDS Uniphase Corp. have an RSI of 35.15. Register for free on Equity Research Institute and access the latest research on JDSU at:
ADTRAN Inc.'s stock edged 0.25% lower, to close Tuesday's session at $15.92. The stock recorded a trading volume of 0.53 million shares, below its three months average volume of 0.69 million shares. Over the last one month and the previous three months, ADTRAN Inc.'s shares have fallen by 2.63% and 0.76%, respectively. Additionally, the stock has lost 26.27% since the start of this year. The company is trading 4.48% and 17.19% below its 50-day and 200-day moving averages, respectively. Furthermore, ADTRAN Inc.'s stock traded at a PE ratio of 32.49 and has an RSI of 39.87. The complete research on ADTN is available for free at:
Infoblox Inc.'s stock finished Tuesday's session 0.37% lower at $23.96. A total of 0.65 million shares were traded, which was close to its three months average volume of 0.69 million shares. Over the last one month and the previous three months, Infoblox Inc.'s shares have declined 11.98% and 2.60%, respectively. However, the stock has gained 18.56% since the beginning of 2015. The company's shares are trading above their 200-day moving average by 10.29%. Infoblox Inc.'s stock has an RSI of 30.69. Free in-depth research on BLOX is available at:
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