Tag: NASDAQ:PLCM

  • Communication Equipment Watch List: Ericsson (ADR) (NASDAQ:ERIC), Ciena Corporation (NYSE:CIEN), Polycom Inc (NASDAQ:PLCM), Aviat Networks (NASDAQ:AVNW), Ikanos Communications (NASDAQ:IKAN)

    On May 21, Bouygues Telecom has chosen Ericsson (ADR) (NASDAQ:ERIC) to launch a new era in mobile voice communications with the introduction of VoLTE services to its live, commercial 4G/LTE network in France. Ericsson (ADR) (NASDAQ:ERIC) net profit margin is 5.80% and weekly performance is -1.21%. On last trading day company shares ended up $12.25. Analysts mean target price for the company is $14.08. Ericsson (ADR) (NASDAQ:ERIC) distance from 50-day simple moving average (SMA50) is -1.78%.

    Ciena Corporation (NYSE:CIEN) hopes to reveal financial results for its second quarter ending May 3, 2014 on June 5, 2014. It expects to declare the results on Thursday before the markets open. The entire press release can be accessed from the company’s website. Ciena Corporation (NYSE:CIEN) shares fell -0.35% in last trading session and ended the day on $20.15. Gross Margin is 41.40% and its return on assets is -3.10%. Ciena Corporation (NYSE:CIEN) quarterly performance is -19.98%.

    Zacks restated their outperform rating on shares of Polycom Inc (NASDAQ:PLCM) in a report issued on Wednesday, Analyst Ratings Network.com reports. They currently have a $15.00 target price on the stock. Polycom Inc (NASDAQ:PLCM) shares moved up 1.59% in last trading session and was closed at $12.76, while trading in range of $12.48 – $12.78. Polycom Inc (NASDAQ:PLCM) year to date (YTD) performance is 13.62%.

    Shares of Aviat Networks Inc (NASDAQ:AVNW) were the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,228,357 shares, a growth of 34.1% from the March 31st total of 1,661,853 shares, Analyst Ratings Net reports. Based on an average daily trading volume, of 683,351 shares, the short-interest ratio is presently 3.3 days. Currently, 3.7% of the shares of the company are short sold. Aviat Networks Inc (NASDAQ:AVNW) ended the last trading day at $1.13. Company weekly volatility is calculated as 7.67% and price to cash ratio as 1.48. Aviat Networks Inc (NASDAQ:AVNW) showed a positive weekly performance of 8.65%.

    Ikanos Communications, Inc. (NASDAQ:IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, announced that Debajyoti Pal, Ikanos Chief Technology Officer, will speak at the G-Fast Summit 2014. The presentation will focus on carrier motivations for migrating to Fiber-to-the-Distribution Point (FTTDp) for broadband access and on the use of G.fast as either a step towards Fiber-to-the-Home (FTTH) or as an architecture for gigabit service over copper. Ikanos Communications, Inc. (NASDAQ:IKAN) net profit margin is -41.90% and weekly performance is 2.22%. On last trading day company shares ended up $0.460. Analysts mean target price for the company is $1.13. Ikanos Communications, Inc. (NASDAQ:IKAN) distance from 50-day simple moving average (SMA50) is -37.36%.