NEW YORK, August 4, 2017 /PRNewswire/ --
If you want a Stock Review on LITE, NTGR, PI, or SWIR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com shifts focus on the Communication Equipment space, which produces technologies and services that are used to facilitate communication. The industry's customer base is highly diversified, including multinational corporations, telephone companies, governments, universities, institutions, commercial businesses, and consumers. Lined up for scanning are Lumentum Holdings Inc. (NASDAQ: LITE), NETGEAR Inc. (NASDAQ: NTGR), Impinj Inc. (NASDAQ: PI), and Sierra Wireless Inc. (NASDAQ: SWIR). Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
Shares in Milpitas, California headquartered Lumentum Holdings Inc. rose 1.22%, ending Thursday's trading session at $62.45. The stock recorded a trading volume of 1.46 million shares. The Company's shares have gained 7.21% in the last one month, 32.87% over the last three months, and 61.58% on an YTD basis. The stock is trading 2.12% and 30.60% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Lumentum, which manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide, have a Relative Strength Index (RSI) of 50.00.
On July 27th, 2017, Lumentum announced that it will release its Q4 FY17 and full year FY17 financial results for the period ended July 01st, 2017 on August 09th, 2017, before the market opens. The Company will hold its conference call on that same day at 8:30 a.m. ET. A live webcast of the call and the replay will be available on the Company's website. Visit us today and access your complete report on LITE for free at:
San Jose, California headquartered NETGEAR Inc.'s stock climbed 0.10%, closing the day at $47.85 with a total trading volume of 246,497 shares. The Company's shares have advanced 9.75% in the past month and 4.82% in the previous three months. The stock is trading 8.05% above its 50-day moving average. Additionally, shares of NETGEAR, which designs, develops, and markets innovative networking solutions and smart connected products for consumers, businesses, and service providers, have an RSI of 61.28.
On July 26th, 2017, NETGEAR reported financial results for Q2 ended July 02nd, 2017. Net revenue for the quarter was $330.7 million, GAAP net income was $14.6 million, and non-GAAP net income was $0.60 per diluted share. GAAP operating margin for Q2 2017 was 5.8%, and non-GAAP operating margin was 8.5%. The complimentary research report on NTGR can be accessed at:
On Thursday, shares in Seattle, Washington headquartered Impinj Inc. recorded a trading volume of 671,900 shares. The stock ended the day 2.30% lower at $47.92. The Company's shares have surged 26.64% in the previous three months and 35.60% on an YTD basis. The stock is trading above its 200-day moving average by 30.44%. Furthermore, shares of Impinj have an RSI of 42.14.
On July 26th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $40 a share to $55 a share. Register for free on DailyStockTracker.com and download the research report on PI at:
Richmond, Canada headquartered Sierra Wireless Inc.'s stock dropped 20.41%, finishing yesterday's session at $23.40. A total volume of 2.99 million shares was traded, which was above their three months average volume of 454,640 shares. The Company's shares have advanced 49.04% on an YTD basis. The stock is trading above its 200-day moving average by 1.77%. Additionally, shares of Sierra Wireless, which provides wireless wide area modem solutions for the mobile computing, rugged mobile, and machine-to-machine markets, have an RSI of 26.88.
On August 02nd, 2017, Sierra Wireless (SWIR) and Numerex Corp. have entered into a definitive merger agreement under which the former will acquire Numerex in a stock-for-stock merger transaction. The transaction is valued at approximately US$107 million, based on SWIR's closing stock price on August 01st, 2017 of US$29.65 per share, and represents a premium of 17.5% to Numerex's 20-day average share price. Get free access to your research report on SWIR at:
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