NEW YORK, December 6, 2016 /PRNewswire/ --
On Monday, December 05, 2016, the NASDAQ Composite ended the trading session at 5,308.89, up 1.01%; the Dow Jones Industrial Average edged 0.24% higher, to finish at 19,216.24; and the S&P 500 closed at 2,204.71, up 0.58%. Gains were broad based as all the sectors ended the day in positive. Today, Stock-Callers.com has initiated reports coverage on the following Wireless Communications equities: Mobile TeleSystems PJSC (NYSE: MBT), Telefonica Brasil S.A. (NYSE: VIV), xG Technology Inc. (NASDAQ: XGTI), and China Mobile Ltd (NYSE: CHL). Learn more about these stocks by downloading their free research reports in PDF format at:
On Monday, shares in Moscow, the Russian Federation-based Mobile TeleSystems PJSC ended the session 3.27% higher at $8.83 with a total volume of 4.99 million shares traded. Mobile TeleSystems' shares have gained 17.11% in the last one month, 12.32% in the previous three months, and 38.88% in the past one year. The stock is trading 17.57% above its 50-day moving average and 13.93% above its 200-day moving average. Moreover, shares of the Company, which provides telecommunication services in Russia and the Commonwealth of Independent States, are trading at a PE ratio of 12.18 and have a Relative Strength Index (RSI) of 75.40.
On November 21st, 2016, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Sign up and read the free research report on MBT at:
On Monday, shares in Sao Paulo, Brazil headquartered Telefonica Brasil S.A. recorded a trading volume of 1.40 million shares. The stock ended the day 2.23% higher at $12.40. Shares of the Company, which provides fixed-line and mobile telecommunications services to residential and corporate customers in Brazil, are trading at a PE ratio of 18.37. Telefonica Brasil's stock has gained 34.73% in the past one year. The Company is trading below its 50-day and 200-day moving averages by 9.62% and 3.83%, respectively. Furthermore, shares of Telefonica Brasil have an RSI of 37.76. The complimentary research report on VIV can be downloaded at:
Sarasota, Florida headquartered xG Technology Inc.'s stock finished Monday's session 1.28% higher at $0.34 with a total volume of 473,513 shares traded. Shares of the Company, which engages in the development of communication technologies for wireless networks worldwide, are trading below its 50-day and 200-day moving averages by 5.14% and 62.61%, respectively. xG Technology's stock has an RSI of 49.32. Register for free on Stock-Callers.com and access the latest report on XGTI at:
Central, Hong Kong-based China Mobile Ltd's stock declined 1.04%, to close the day at $54.27. The stock recorded a trading volume of 728,470 shares, which was above its three months average volume of 616,640 shares. Shares of the Company, which provides mobile telecommunications and related services in Mainland China and Hong Kong, are trading 6.48% and 4.98% below its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 13.68 and has an RSI of 35.60. Get free access to your research report on CHL at:
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