Tag: NYSE:HRS

  • Communication Stocks in Focus: Harris Corporation (NYSE:HRS), 8×8, Inc. (NASDAQ:EGHT), InfoSonics Corporation (NASDAQ:IFON), Zoom Technologies Inc. (NASDAQ:ZOOM), Sonus Networks (NASDAQ:SONS)

    Harris Corporation (NYSE:HRS), a leading supplier of communications equipment and services, has won an indefinite delivery, indefinite quantity (IDIQ) contract to supply Leading Edge Solutions II (EAGLE II) to Department of Homeland Security’s (DHS) Enterprise Acquisition Gateway. Harris Corporation (NYSE:HRS) net profit margin is 9.00% and weekly performance is 2.01%. On last trading day company shares ended up $76.75. Analysts mean target price for the company is $66.67. Harris Corporation (NYSE:HRS) distance from 50-day simple moving average (SMA50) is 4.81%.

    8×8, Inc. (NASDAQ:EGHT) has earned an average recommendation of “Buy” from the eleven analysts that are currently covering the stock, Analyst RN reports. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $11.81. 8×8, Inc. (NASDAQ:EGHT) shares fell -1.09% in last trading session and ended the day on $7.25. EGHT gross Margin is 71.00% and its return on assets is 3.20%.8×8, Inc. (NASDAQ:EGHT) quarterly performance is -26.92%.

    InfoSonics Corporation (NASDAQ:IFON) on 21 may announced the launch of its new verykool s505 smartphone, the most dynamic mobile handset the company has offered to date. InfoSonics Corporation (NASDAQ:IFON) shares moved up 2.27% in last trading session and was closed at $2.25, while trading in range of $2.12 – $2.30. InfoSonics Corporation (NASDAQ:IFON) year to date (YTD) performance is 47.06%.

    Zoom Technologies Inc. (NASDAQ:ZOOM) announced, For 2013, Net loss was $43,655,697 as compared to $32,802,605 (as restated) for 2012. Zoom Technologies Inc. (NASDAQ:ZOOM) ended the last trading day at $2.66. Company weekly volatility is calculated as 6.62% and price to cash ratio as 4.45.Zoom Technologies Inc. (NASDAQ:ZOOM) showed a negative weekly performance of -11.92%.

    Jefferies analyst James Kisner reiterated a Buy rating and $5 price target on Sonus Networks, Inc. (NASDAQ: SONS) after meeting with CEO Ray Dolan saying the stock offers the most upside in the group. Sonus Networks, Inc. (NASDAQ:SONS) net profit margin is -4.40% and weekly performance is 13.79%. On last trading day company shares ended up $3.63. Analysts mean target price for the company is $4.52. Sonus Networks, Inc. (NASDAQ:SONS) distance from 50-day simple moving average (SMA50) is 10.12%.