Welcome!

News Feed Item

Technology Hardware, Storage and Peripherals Stocks Review - BlackBerry, 3D Systems, Qlogic, EMC Corp., and Violin Memory

Editor Note: For more information about this release, please scroll to bottom.

LONDON, September 4, 2014 /PRNewswire/ --

On Wednesday, September 3, 2014, the NASDAQ Composite ended at 4,572.57, down 0.56%, the Dow Jones Industrial Average advanced 0.06%, to finish the day at 17,078.28, and the S&P 500 closed at 2,000.72 down 0.08%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 661.11, down 0.71%, while the index has advanced 7.19% in the previous three months. Investor-Edge has initiated coverage on the following equities: BlackBerry Ltd (NASDAQ: BBRY), 3D Systems Corporation (NYSE: DDD), QLogic Corporation (NASDAQ: QLGC), EMC Corporation (NYSE: EMC), and Violin Memory Inc. (NYSE: VMEM). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

BlackBerry Ltd's stock finished Wednesday's session 2.78% higher at $10.74. A total of 15.65 million shares were traded, which was close to its three months average volume of 15.54 million shares. The stock moved between $10.48 and $10.94 during the session. Over the last one month and the previous three months, BlackBerry Ltd's shares have surged 15.48% and 43.58%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 44.35%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $10.07 is greater than its 200-day moving average of $8.59. BlackBerry Ltd's stock has a Relative Strength Index (RSI) of 62.54. Sign up and read the free notes on BBRY at:

www.Investor-Edge.com/BBRY-04Sep2014

On Wednesday, shares in 3D Systems Corp. fluctuated between $51.52 and $53.54 before ending the session 1.65% lower at $51.83. The stock reported a trading volume of 2.48 million shares, below its three months average volume of 3.82 million shares. Shares of the company traded at a PE ratio of 129.84. 3D Systems Corp.'s shares have advanced 8.14% in the last one month and 2.80% in the previous three months. However, the stock has lost 44.23% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $53.65 and $63.41, respectively. Moreover, shares of 3D Systems Corp. have an RSI of 56.56. The complimentary notes on DDD can be downloaded as in PDF format at:

www.Investor-Edge.com/DDD-04Sep2014

QLogic Corp.'s stock declined 1.32%, to close the day at $8.95. The stock recorded a trading volume of 1.69 million shares, much above its three months average volume of 0.84 million shares. The stock oscillated between $8.94 and $9.12 during the session. Although, QLogic Corp.'s shares have gained 0.34% in the previous three trading sessions, it has declined 1.86% in the last one month and 24.34% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $10.93 is above its 50-day moving average of $9.61. Additionally, QLogic Corp. traded at a PE ratio of 23.69 and has an RSI of 44.69. Register for free on Investor-Edge and access the latest research on QLGC at:

www.Investor-Edge.com/QLGC-04Sep2014

On Wednesday, shares in EMC Corp. recorded a trading volume of 10.98 million shares, lower than its three months average volume of 14.80 million shares. The stock ended the day at $29.54, which was 0.37% above its previous day's closing of $29.43, and registered an intraday range of $29.44 and $29.68. Shares of the company traded at a PE ratio of 22.31. EMC Corp.'s shares have advanced 1.65% in the last one month, 11.85% in the previous three months and 17.46% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $28.33 and $26.38, respectively. Furthermore, shares of EMC Corp. have an RSI of 55.57. The complete research on EMC is available for free at:

www.Investor-Edge.com/EMC-04Sep2014

Violin Memory Inc.'s stock edged 0.46% lower, to close Wednesday's session at $4.31, after oscillating between $4.20 and $4.40. The stock recorded a trading volume of 0.91 million shares, close to its three months average volume of 0.87 million shares. Over the last three trading sessions and the previous three months, Violin Memory Inc.'s shares have surged 14.63% and 27.51%, respectively. Additionally, from the beginning of 2014, the stock has gained 8.84%. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $4.01 is above its 200-day moving average of $3.91. Further, Violin Memory Inc.'s stock has an RSI of 61.94. Free in depth research on VMEM is available at:

www.Investor-Edge.com/VMEM-04Sep2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
DevOps has often been described in terms of CAMS: Culture, Automation, Measuring, Sharing. While we’ve seen a lot of focus on the “A” and even on the “M”, there are very few examples of why the “C" is equally important in the DevOps equation. In her session at @DevOps Summit, Lori MacVittie, of F5 Networks, explored HTTP/1 and HTTP/2 along with Microservices to illustrate why a collaborative culture between Dev, Ops, and the Network is critical to ensuring success.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great dea...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...