|By PR Newswire||
|August 12, 2014 09:01 AM EDT||
LONDON, August 12, 2014 /PRNewswire/ --
On Monday, August 11, 2014, the NASDAQ Composite ended at 4,401.33, up 0.70%, the Dow Jones Industrial Average edged 0.10% higher to finish the day at 16,569.98, and the S&P 500 closed at 1,936.92, up 0.28%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 640.80, up 0.58%, with the index also advancing 8.27% in the previous three months. Investor-Edge has initiated coverage on the following equities: Ruckus Wireless Inc. (NYSE: RKUS), Emulex Corporation (NYSE: ELX), Sonus Networks Inc. (NASDAQ: SONS), Infinera Corporation (NASDAQ: INFN), and Alliance Fiber Optic Products Inc. (NASDAQ: AFOP). Free research on these five companies can be accessed at:
On Monday, shares in Ruckus Wireless Inc. fluctuated between $12.89 and $13.06 before ending the session 0.23% higher at $12.93. The stock reported a trading volume of 1.66 million shares, above its three months average volume of 1.48 million shares. Shares of the company traded at a PE ratio of 404.57. Ruckus Wireless Inc.'s shares have surged 8.84% in the last one month and 40.70% in the previous three months. However, the stock has lost 8.94% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $11.63 and $12.54, respectively. Moreover, shares of Ruckus Wireless Inc. have a Relative Strength Index (RSI) of 64.20. Sign up and read the free notes on RKUS at:
Emulex Corp.'s stock edged 0.78% lower, to close the day at $5.09. The stock recorded a trading volume of 0.97 million shares, below its three months average volume of 1.32 million shares. The stock oscillated between $5.05 and $5.21 during the session. Although, Emulex Corp.'s shares have gained 0.79% in the last three months, it has declined 5.21% in the previous one month and 28.91% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $6.65 is above its 50-day moving average of $5.48. Additionally, Emulex Corp. has an RSI of 40.90. The complimentary notes on ELX can be downloaded as in PDF format at:
On Monday, shares in Sonus Networks Inc. recorded a trading volume of 2.51 million shares, lower than its three months average volume of 3.02 million shares. The stock ended the day at $3.71, which was 1.09% above its previous day's closing of $3.67, and registered an intraday range of $3.62 and $3.74. Over the last three trading sessions and previous three months, Sonus Networks Inc.'s shares have advanced 0.54% and 11.41%, respectively. Additionally, from the beginning of 2014, the stock has surged 17.78%. The company's shares are trading above their 200-day moving average of $3.34, while the 200-day moving average is below Sonus Networks Inc.'s 50-day moving average of $3.76. Furthermore, shares of Sonus Networks Inc. have an RSI of 44.68. Register for free on Investor-Edge and access the latest research on SONS at:
Infinera Corp.'s stock finished the Monday's session at its previous day's closing price of $9.22, after oscillating between $9.17 and $9.33. The stock recorded a trading volume of 1.41 million shares, below its three months average volume of 1.62 million shares. Infinera Corp.'s shares have advanced 5.61% in the last one month and 11.62% in the previous three months. However, the stock has declined 5.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Infinera Corp.'s 50-day moving average of $9.10 is above its 200-day moving average of $9.00. Further, the stock has an RSI of 54.17. The complete research on INFN is available for free at:
Alliance Fiber Optic Products Inc.'s stock finished Monday's session 3.34% higher at $14.22. A total of 0.64 million shares were traded, which was below its three months average volume of 0.73 million shares. The stock moved between $13.87 and $14.46 during the session. Over the last one month and since the beginning of 2014, Alliance Fiber Optic Products Inc.'s shares have declined 17.66% and 5.51%, respectively. However, the stock has gained 3.34% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $17.75 is greater than its 200-day moving average of $16.26. Alliance Fiber Optic Products Inc.'s stock traded at a PE ratio of 11.38 and has an RSI of 36.20. Free in depth research on AFOP is available at:
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