NEW YORK, July 29, 2016 /PRNewswire/ --
Electronic Equipment demand continues to be strong as technology still dominates the lives of a huge part of the global population. Companies in this industry produce and distribute electronic components and devices often used for communications, business, and entertainment. Stock-Callers.com is currently looking at four household names within this space, namely, Apple Inc. (NASDAQ: AAPL), Sony Corp. (NYSE: SNE), Koninklijke Philips N.V. (NYSE: PHG), and Harman International Industries Inc. (NYSE: HAR). Learn more about these stocks by accessing their free notes at:
On Thursday, shares in Cupertino, California headquartered Apple Inc. recorded a trading volume of 38.73 million shares, which was above their three months average volume of 38.62 million shares. The stock ended the session 1.35% higher at $104.34. The Company's shares have gained 11.49% in the last one month, 10.70% over the previous three months, and 0.27% since the start of this year. The stock is trading 7.34% above its 50-day moving average and 1.32% above its 200-day moving average. Moreover, shares of Apple, which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide, have a Relative Strength Index (RSI) of 69.45.
Apple announced its Q3 financial result after the closing bell on July 26th, 2016. Apple reported net income of $7.8 billion, down from $10.68 billion in the year earlier period. Earnings per share declined to $1.42 from $1.85. Revenue dropped 14.6% to $42.36 billion from $49.6 billion a year earlier. See our complete notes on AAPL at:
Tokyo, Japan headquartered Sony Corp.'s stock closed the day 0.95% higher at $30.68. A total volume of 1.46 million shares was traded, which was above their three months average volume of 1.39 million shares. The Company's shares have advanced 9.10% in the past month, 26.46% in the previous three months, and 24.66% on an YTD basis. The stock is trading 6.76% and 18.67% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Sony, which designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide, have an RSI of 59.77.
On July 20th, 2016, Sony Electronics announced the Z series, the next generation in television display technology with the ability to reproduce the deeper blacks, brighter lights, and vibrant colors of the real world. The Company stated that the new flagship Z series sits atop Sony's current X series line-up of premium 4K HDR Ultra HD TVs, which includes the award winning X930D and X940D. The complimentary notes on SNE can be accessed at:
Shares in Amsterdam, the Netherlands-based Koninklijke Philips N.V. recorded a trading volume of 3.89 million shares, which was higher than their three months average volume of 1.34 million shares. The stock ended yesterday's trading session 0.11% lower at $26.56. The Company's shares have advanced 11.97% in the past month and 7.99% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.34% and 4.10%, respectively. Furthermore, shares of Koninklijke Philips, which engages in healthcare, consumer lifestyle, and lighting businesses worldwide, have an RSI of 59.11.
On July 20th, 2016, Philips announced that it has signed an agreement to acquire Wellcentive, a leading US-based provider of population health management software solutions. Financial details of the transaction were not disclosed. Register for free on Stock-Callers.com and access the latest notes on PHG at:
Harman Intl. Industries
Stamford, Connecticut headquartered Harman International Industries Inc.'s stock finished Thursday's session 1.03% lower at $80.53 with a total volume of 694,234 shares traded. The Company's shares have advanced 16.83% in the last one month and 4.99% over the previous three months. The stock is trading above its 50-day moving average by 5.87%. Additionally, shares of Harman International Industries, which designs, engineers, manufactures, and markets audio, visual, and infotainment systems; and enterprise automation solutions and software services for consumers, automakers, and enterprises worldwide, have an RSI of 58.32.
On July 14th, 2016, Harman announced that it has received a 2016 IoT Evolution Business Impact Award from TMC and Crossfire Media. The Business Impact Awards recognize a select group of companies and business leaders who have successfully leveraged IoT to solve a business issue, launch a new service or create revenue opportunities.
On July 22nd, 2016, research firm Pacific Crest downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'. Get free access to your notes on HAR at:
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