Early Morning Insight: CIENA Corp., JDS Uniphase Corp., Harris Corp., and
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LONDON, November 5, 2013
LONDON, November 5, 2013 /PRNewswire/ --
On Monday, November 04, 2013, all three indexes of the US equity market posted
gains. The S&P 500 ended the day at 1,767.93, up 0.36%; the Dow Jones
Industrial Average closed at 15,639.12, up 0.15%; and the NASDAQ Composite
finished at 3,936.59, up 0.37%. Shares in the communication equipment industry
ended on a higher note, tracking gains in the broader market. The major movers
in the industry included CIENA Corporation (NASDAQ: CIEN), JDS Uniphase
Corporation (NASDAQ: JDSU), Harris Corporation (NYSE: HRS), and ADTRAN Inc.
(NASDAQ: ADTN). All these companies are tracked by AAAResearchReports.com.
Download free technical analysis and charting reports on CIEN, JDSU, HRS, and
ADTN now at:
CIENA Corp.'s stock edged higher on Monday, tracking gains in the broader
market. The company's shares closed the day 0.47% higher at $23.36, after
vacillating between $23.27 and $23.71. A total of 2.00 million shares were
traded, which is below the daily average volume of 3.59 million. The company's
shares have gained 2.19% in the previous three months, compared to a gain of
3.41% in the S&P 500 during the same period. Furthermore, CIENA Corp.'s stock
is trading above its 200-day moving average of $19.46. Download free research
on CIEN today by registering at:
Shares in JDS Uniphase Corp. ended the day 0.81% higher at $13.10, after
oscillating between $12.95 and $13.25. A total of 4.97 million shares were
traded, which is below the daily average volume of 5.15 million. Despite
Monday's gains, the company's stock has declined by 11.19% in the previous
three trading sessions, compared to a gain of 0.26% in the S&P 500 during the
same period. Further, JDS Uniphase Corp.'s shares are trading below their
50-day and 200-day moving averages of $14.62 and $14.23, respectively. Sign up
and have access to our free report on JDSU at:
On Monday, Harris Corp.'s stock advanced to close the day at $62.11, up 0.63%
from the previous day's closing price of $61.72. The company's shares
vacillated between $61.59 and $62.14 during the trading session. A total of
0.53 million shares were traded, which is below the daily average volume of
0.65 million. The company's shares have gained 4.23% in the last one month and
8.74% in the previous three months, compared to a gain of 4.58% and 3.41% in
the S&P 500 during the respective periods. Further, Harris Corp.'s stock is
trading near its 52-week high of $62.81 and above its 50-day and 200-day
moving averages of $58.83 and $51.40, respectively. Sign up and read the
complimentary report on HRS at:
Shares in ADTRAN Inc. edged higher on Monday, as the broader market posted
gains. The company's shares closed the day 0.55% higher at $23.77, after
trading between $23.28 and $23.83. A total of 0.58 million shares were traded,
which is above the daily average volume of 0.56 million. The company's shares
have gained 0.89% in the previous three trading sessions, outperforming the
S&P 500, which has advanced 0.26% during the same period. Furthermore, ADTRAN
Inc.'s stock is trading above its 200-day moving average of $23.43. The free
report on ADTN can be downloaded by signing up now at:
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