Under the deal, Ericsson (ADR) (NASDAQ:ERIC) will integrate the smart parking and smart lighting solutions in Águas de São Pedro, a small city in São Paulo state being used as a pilot for Vivo’s digital cities ambitions. Ericsson (ADR) (NASDAQ:ERIC) net profit margin is 5.90% and weekly performance is 2.07%. On last trading day company shares ended up $12.33. Analysts mean target price for the company is $14.08. Ericsson (ADR) (NASDAQ:ERIC) distance from 50-day simple moving average (SMA50) is -1.24%.
ADTRAN Inc. (NASDAQ:ADTN) the global leader in VoIP Access and SIP Trunking, will showcase how it is enabling service providers to evolve, change and grow their business to meet the demands of today’s communications networks. The company will feature its award-winning NetVanta and Total Access solutions, including the Total Access 908e IP Business Gateways and the new NetVanta 1531/1531P Gigabit Power over Ethernet switches purpose-built for small business. ADTRAN, Inc. (NASDAQ:ADTN) shares fell -1.70% in last trading session and ended the day on $21.97. Gross Margin is 49.00% and its return on assets is 5.90%. ADTRAN, Inc. (NASDAQ:ADTN) quarterly performance is -13.09%.
Ciena Corporation (NASDAQ:CIEN) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Friday, AR Network reports. The firm currently has a $22.00 target price on the stock. Ciena Corporation (NYSE:CIEN) shares moved down -1.45% in last trading session and was closed at $19.05, while trading in range of $18.88 – $19.38. Ciena Corporation (NYSE:CIEN) year to date (YTD) performance is -20.39%.
Cisco Systems Inc (NASDAQ:CSCO) was the recipient of unusually large options trading activity on Tuesday. Traders purchased 49,523 put options on the stock, Stock Ratings News reports. This is an increase of 327% compared to the typical volume of 11,602 put options. Cisco Systems, Inc. (NASDAQ:CSCO) ended the last trading day at $22.86. Company weekly volatility is calculated as 1.64% and price to cash ratio as 2.50. Cisco Systems, Inc. (NASDAQ:CSCO) showed a positive weekly performance of 0.62%.