NEW YORK, October 5, 2016 /PRNewswire/ --
Today, Stock-Callers.com redirects its attention to the Wireless Communications space which generally offers dividend yields that are slightly above average. Companies under review are: Inteliquent Inc. (NASDAQ: IQNT), Telephone & Data Systems Inc. (NYSE: TDS), Ubiquiti Networks Inc. (NASDAQ: UBNT), and CalAmp Corp. (NASDAQ: CAMP). These equities belong to the Technology sector which was mainly higher in early trading on Tuesday, October 04, 2016. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration
On Tuesday, shares in Chicago, Illinois headquartered Inteliquent Inc. recorded a trading volume of 463,400 shares, which was above their three months average volume of 381,580 shares. The stock ended the session 2.62% higher at $16.45. The Company's shares have gained 1.04% in the last one month. The stock is trading 1.29% below its 50-day moving average. Moreover, shares of Inteliquent, which provides voice telecommunications services on a wholesale basis in the US and internationally, have a Relative Strength Index (RSI) of 52.46.
On September 21st, 2016, Inteliquent announced that its Board of Directors has appointed Eric Carlson as its interim Principal Financial Officer and interim Principal Accounting Officer effective on September 24th, 2016. Inteliquent is currently identifying a candidate to serve as its Chief Financial Officer on a permanent basis. Mr. Carlson, 54, joined Inteliquent in May 2004 and has served as Controller since that time. In addition, Mr. Carlson previously served as the company's interim Principal Financial Officer and interim Principal Accounting Officer from August 2013 to January 2014.
Yesterday, research firm Drexel Hamilton initiated a 'Buy' rating on the Company's stock. IQNT complete research report is just a click away at: http://stock-callers.com/registration/?symbol=IQNT
Telephone & Data Systems
Chicago, Illinois headquartered Telephone & Data Systems Inc.'s stock closed the day 0.51% higher at $27.34. A total volume of 482,991 shares was traded, which was above their three months average volume of 463,500 shares. The Company's shares have advanced 7.33% on an YTD basis. The stock is trading 0.25% below its 200-day moving average. Additionally, shares of Telephone & Data Systems, which provides wireless, wireline, cable, and hosted and managed services in the US, have an RSI of 43.93.
On October 4th, 2016, OneNeck(R) IT Solutions, wholly owned subsidiary of Telephone and Data Systems, announced that Luck Stone Corp. contracted for conversion of their IT infrastructure. OneNeck is moving Luck Stone's Microsoft Dynamics AX environment from public cloud onto OneNeck's private hosted cloud known as ReliaCloud(R). OneNeck will continue providing Luck Stone with enterprise application, network, security and infrastructure management, along with database and operating system administration. The complimentary report on TDS can be downloaded at: http://stock-callers.com/registration/?symbol=TDS
Shares in San Jose, California headquartered Ubiquiti Networks Inc. recorded a trading volume of 217,146 shares, and ended yesterday's trading session 0.41% lower at $53.57. The stock has advanced 0.75% in the past month, 42.10% in the previous three months, and 69.04% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 5.87% and 38.88%, respectively. Furthermore, shares of Ubiquiti Networks, which develops networking technology for service providers and enterprises worldwide, have an RSI of 56.67. Sign up for your complimentary report on UBNT at: http://stock-callers.com/registration/?symbol=UBNT
Irvine, California headquartered CalAmp Corp.'s stock finished Tuesday's session 0.07% lower at $13.53. A total volume of 721,574 shares was traded, which was above their three months average volume of 506,060 shares. The Company's shares are trading below their 50-day moving average by 10.41%. Additionally, shares of CalAmp, which provides wireless communications solutions for various applications worldwide, have an RSI of 28.31.
On September 29th, 2016, CalAmp reported that revenue for Q2 FY17 was $90.5 million, an increase of 30% from Q2 FY16. Revenue in Q2 FY17 included $31.9 million from LoJack products and services and $6.7 million from the Satellite segment. The company's gross margin was 42% in Q2 FY17, up from 36% in Q2 FY16. CalAmp's GAAP net income for Q2 FY17 was $0.5 million, or $0.01 per diluted share, compared to net income of $3.5 million, or $0.10 per diluted share, in Q2 FY16. Non-GAAP adjusted basis net income for the reported quarter was $10.1 million, or $0.27 per diluted share, compared to non-GAAP adjusted net income of $9.8 million, or $0.27 per diluted share, for the comparable year ago period.
On October 3rd, 2016, research firm Aegis Capital downgraded the Company's stock rating from 'Buy' to 'Hold'. Download the research report for free on CAMP at: http://stock-callers.com/registration/?symbol=CAMP
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: firstname.lastname@example.org Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA