NEW YORK, Dec. 26, 2017 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ERIC, INFN, LITE, and KN which can be accessed for free by signing up to http://www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Infinera Corp. (NASDAQ: INFN), Lumentum Holdings Inc. (NASDAQ: LITE), and Knowles Corp. (NYSE: KN). These companies operate in the Communication Equipment industry, which includes manufacturers of communications equipment and products, including LANs, WANs, routers, telephones, switchboards, and exchanges. All you have to do is sign up today for this free limited time offer, click the link below. http://www.wallstequities.com/registration
Last Friday, Stockholm, Sweden headquartered Telefonaktiebolaget LM Ericsson's stock declined 0.30%, to close the day at $6.64. A total volume of 1.34 million shares was traded. The Company's shares have advanced 3.91% in the last month, 16.49% in the previous three months, and 13.89% on an YTD basis. The stock is trading 5.81% above its 50-day moving average and 3.65% above its 200-day moving average. Additionally, shares of Ericsson, which provides telecommunications equipment and related services to mobile and fixed network operators, have a Relative Strength Index (RSI) of 57.24.
On December 11th, 2017, Ericsson announced that Verizon has selected the Company to provide networking equipment for its commercial 5G launch. VZ will deploy the pre-standard 5G commercial radio network and the 5G Core network in select markets in the second half of 2018. The companies are demonstrating continued industry leadership by accelerating the path to 5G. They plan to work together to move the mobile ecosystem towards rapid commercialization of 5G. Get the full research report on ERIC for free by clicking below at: http://www.wallstequities.com/registration/?symbol=ERIC
Shares in Sunnyvale, California headquartered Infinera Corp. saw a slight decline of 0.86%, finishing Friday's session at $6.90. The stock recorded a trading volume of 659,180 shares. The Company's shares are trading below their 50-day moving average by 8.13%. Furthermore, shares of Infinera, which provides optical transport networking equipment, software, and services worldwide, have an RSI of 44.78. Free research on INFN can be accessed at: http://www.wallstequities.com/registration/?symbol=INFN
Milpitas, California headquartered Lumentum Holdings Inc.'s stock finished 1.03% lower at $52.80 last Friday at the close. A total volume of 992,510 shares was traded. The Company's shares have advanced 1.73% in the previous three months and 36.61% on an YTD basis. The stock is trading below its 200-day moving average by 4.89%. Additionally, shares of Lumentum, which manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide, have an RSI of 46.82.
On November 29th, 2017, Lumentum announced that it received the 2017 "Joint Innovation Partner" award from Huawei, one of the world's foremost providers of communications and data network solutions. The prestigious award recognizes the strong partnership between these two companies that are working together on product planning, joint technology, and product development initiatives.
On December 11th, 2017, research firm Northland Capital upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Visit WallStEquities.com now and sign up for the free research on LITE at: http://www.wallstequities.com/registration/?symbol=LITE
Itasca, Illinois headquartered Knowles Corp.'s shares ended the session 1.32% lower at $14.98. The stock recorded a trading volume of 565,172 shares. Shares of the Company have advanced 0.74% over the previous three months. The stock is trading 4.61% below its 50-day moving average. Moreover, shares of Knowles, which designs, manufactures, and sells micro-acoustic, audio processing, and specialty component solutions to the mobile consumer electronics, communications, medical, military, aerospace, and industrial markets worldwide, have an RSI of 45.34.
On November 28th, 2017, Knowles announced that it has completed the sale of its timing device (oscillator) business, part of the Precision Devices segment, to Microsemi Corporation for $130 million in cash, subject to customary adjustments. The Company expects to use a portion of the net proceeds to reduce outstanding borrowings under its revolving credit facility. It also expects to reclassify the assets, liabilities, and results of the operations of the timing device business to discontinued operations in Q4 2017.
On December 21st, 2017, research firm Piper Jaffray initiated a 'Neutral' rating on the Company's stock, with a target price of $15.50 per share. The free technical report on KN is available at: http://www.wallstequities.com/registration/?symbol=KN
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
These press releases may also interest you