What's Happening With These Communication Equipment Stocks? -- Barracuda Networks, QUALCOMM, Acacia Communications, and ARRIS
January 08, 2018 at 06:15 AM EST
NEW YORK, Jan. 8, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CUDA, QCOM, ACIA, and ARRS which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on four Communication Equipment stocks, namely, Barracuda Networks Inc. (NYSE: CUDA), QUALCOMM Inc. (NASDAQ: QCOM), Acacia Communications Inc. (NASDAQ: ACIA), and ARRIS International PLC (NASDAQ: ARRS). The primary business of companies in the Communication Equipment space involves the physical transmission of telecommunications and related network services, the production of telecommunications equipment, and the delivery of multimedia content through television and related telecommunications activities. All you have to do is sign up today for this free limited time offer by clicking the link below.
Campbell, California headquartered Barracuda Networks Inc.'s shares finished Friday's session 0.04% higher at $27.46. A total volume of 2.93 million shares was traded, which was above their three months average volume of 1.40 million shares. The stock has gained 6.97% over the previous three months and 21.94% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 8.56% and 16.87%, respectively. Moreover, shares of Barracuda Networks, which designs and delivers security and data protection solutions, have a Relative Strength Index (RSI) of 69.74.
On December 12th, 2017, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'.
On January 03rd, 2018, Barracuda Networks (CUDA) announced that it has acquired PhishLine, LLC, a leading SaaS platform for social engineering simulation and training. Combining CUDA's AI-driven protection against phishing and spear phishing with PhishLine's platform gives customers comprehensive defense against email-borne targeted attacks and social engineering. Get the full research report on CUDA for free by clicking below at: www.wallstequities.com/registration/?symbol=CUDA
Shares in San Diego, California headquartered QUALCOMM Inc. ended the day 0.67% higher at $66.47 with a total trading volume of 5.41 million shares. The stock has advanced 2.75% in the last month, 26.97% in the previous three months, and 1.40% over the past year. The Company's shares are trading 4.66% and 17.37% above their 50-day and 200-day moving averages, respectively. Moreover, QUALCOMM's stock has an RSI of 62.76.
On December 15th, 2017, QUALCOMM announced that its indirect, wholly owned subsidiary, Qualcomm River Holdings B.V., has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. The tender offer is now scheduled to expire on January 12th, 2018 at 5:00 p.m. New York City Time unless extended or earlier terminated, in either case pursuant to the terms of the purchase agreement. Today's complimentary research report on QCOM is accessible at: www.wallstequities.com/registration/?symbol=QCOM
Maynard, Massachusetts headquartered Acacia Communications Inc.'s stock rose slightly by 0.26%, closing the session at $38.54. A total volume of 476,598 shares was traded, which was above their three months average volume of 439,520 shares. The Company's shares have gained 4.36% since the last one week. The stock is trading 0.95% below its 50-day moving average. Additionally, shares of Acacia Communications have an RSI of 52.62.
On December 11th, 2017, Acacia Communications announced the general availability of its pluggable coherent CFP2-DCO module supporting 100 Gbps and 200 Gbps transmission. The Company designed this module to help cloud and telecommunications providers reduce operational and capital expenses, increase reach, and accelerate time-to-market of high-capacity solutions. Register now for your free research document on ACIA at: www.wallstequities.com/registration/?symbol=ACIA
On Friday, shares in Suwanee, Georgia headquartered ARRIS International PLC finished the session 0.12% higher at $26.00. A total volume of 944,313 shares was traded. The stock is trading below its 200-day moving average by 6.06%. Moreover, shares of ARRIS, which together with its subsidiaries, provides media entertainment and data communications solutions in the US and internationally, have an RSI of 36.51.
On December 14th, 2017, ARRIS introduced two new, next-generation broadband gateway devices: the NVG578, a customizable Passive Optical Network Gateway platform, and NVG558, an advanced Fixed Wireless Broadband Gateway. Both are future-ready, offering a flexible platform for network migration. The platforms are also powered by the Company's feature-rich, industry-proven, secure, and reliable firmware.
On December 19th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Click on the link below and see our free report ARRS at: www.wallstequities.com/registration/?symbol=ARRS
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