NEW YORK, Feb. 5, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on INFN, KN, LITE, and ERIC which can be accessed for free by signing up to www.wallstequities.com/registration. On Friday, the NASDAQ Composite ended the day at 7,240.95, down 1.96%; the Dow Jones Industrial Average edged 2.54% lower, to finish at 25,520.96; and the S&P 500 closed at 2,762.13, marginally slipping 2.12%. Losses were broad based as all sectors finished the trading session in red. WallStEquities.com has initiated research reports on the following Communication Equipment stocks: Infinera Corp. (NASDAQ: INFN), Knowles Corp. (NYSE: KN), Lumentum Holdings Inc. (NASDAQ: LITE), and Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Sunnyvale, California headquartered Infinera Corp.'s stock finished Friday's session 0.77% lower at $6.47 with a total trading volume of 956,802 shares. The Company's shares are trading below their 50-day moving average by 5.64%. Moreover, shares of Infinera, which provides optical transport networking equipment, software, and services worldwide, have a Relative Strength Index (RSI) of 40.66. Get the full research report on INFN for free by clicking below at: www.wallstequities.com/registration/?symbol=INFN
Shares in Itasca, Illinois headquartered Knowles Corp. declined 2.64%, ending last Friday's session at $14.77 with a total trading volume of 867,555 shares, which was higher than their three months average volume of 777.59 thousand shares. The Company's shares are trading below their 50-day moving average by 4.38%. 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 37.16. Gain free access to the research report on KN at: www.wallstequities.com/registration/?symbol=KN
On Friday, Milpitas, California headquartered Lumentum Holdings Inc.'s stock saw a decline of 6.37%, to close the day at $44.85. A total volume of 3.17 million shares was traded, which was higher than their three months average volume of 2.30 million shares. The Company's shares have advanced 18.49% over the last twelve months. The stock is trading below its 50-day moving average by 11.95%. Additionally, shares of Lumentum, which manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide, have an RSI of 41.21.
On January 24th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $75 a share to $66 a share. Register for your free report coverage on LITE at: www.wallstequities.com/registration/?symbol=LITE
Telefonaktiebolaget LM Ericsson
Shares in Stockholm, Sweden headquartered Telefonaktiebolaget LM Ericsson ended the day 1.05% higher at $6.71. A total volume of 7.15 million shares was traded, which was above their three months average volume of 4.82 million shares. The stock has gained 14.31% over the last twelve months. The Company's shares are trading above their 50-day and 200-day moving averages by 0.77% and 3.96%, respectively. Furthermore, shares of Ericsson, which provides telecommunications equipment and related services to mobile and fixed network operators, have an RSI of 46.83.
On February 01st, 2018, research firm Canaccord Genuity reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $6.50 a share to $6 a share. Get the free research report on ERIC at: www.wallstequities.com/registration/?symbol=ERIC
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