LONDON, June 6, 2014 /PRNewswire/ --
On Thursday, June 5, 2014, the NASDAQ Composite ended at 4,296.23, up 1.05%, the Dow Jones Industrial Average advanced 0.59%, to finish the day at 16,836.11, and the S&P 500 closed at 1,940.46, up 0.65%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 623.31, up 0.81%, with the index advancing 4.15% in the last one month. Investor-Edge has initiated coverage on the following equities: Harris Corp. (NYSE: HRS), Sonus Networks Inc. (NASDAQ: SONS), Infinera Corp. (NASDAQ: INFN) and Zhone Technologies Inc. (NASDAQ: ZHNE). Free technical research on HRS, SONS, INFN and ZHNE can be downloaded upon signing up at:
http://www.investor-edge.com/3511-register
On Thursday, Harris Corp.'s stock fluctuated between $75.36 and $76.63 before ending the session 1.00% higher at $76.49. The stock reported a trading volume of 0.48 million shares, below its three months average volume of 0.58 million shares. Shares of the company traded at a PE ratio of 13.44. Harris Corp.'s shares have fallen by 0.89% in the previous three trading sessions, while the stock has gained 4.00% in the last one month, and 9.57% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $73.75 and $67.36, respectively. Moreover, shares of Harris Corp. have a Relative Strength Index (RSI) of 53.29. Sign up today to read free research on HRS at:
http://www.investor-edge.com/3511-HRS-06Jun2014.pdf
Shares in Sonus Networks Inc. gained 3.44%, to close the day at $3.61. The stock recorded a trading volume of 1.90 million shares, below its three months average volume of 2.79 million shares. The stock oscillated between $3.49 and $3.62 during the session. Over the last three trading sessions and over the past one month, Sonus Networks Inc.'s shares have gained 1.69% and 12.46%, respectively. Further, the stock has advanced 14.60% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages of $3.31 and $3.27, respectively. Additionally, Sonus Networks Inc.'s stock has an RSI of 53.29. Sign up today to read free research on SONS at:
http://www.investor-edge.com/3511-SONS-06Jun2014.pdf
On Thursday, Infinera Corp.'s stock recorded a trading volume of 3.82 million shares, higher than its three months average volume of 1.61 million shares. The stock ended the day at $9.20, which was 6.85% above its previous day's closing of $8.61, and registered an intraday range of $8.73 and $9.30. Although Infinera Corp.'s stock has lost 5.93% on YTD basis, it has gained 4.19% in the previous three trading sessions and 5.14% in the last one month. The stock is trading above its 50-day moving average of $8.76, while the 50-day moving average is below its 200-day moving average of $9.42. Furthermore, shares of Infinera Corp. have an RSI of 44.91. Sign up today to read free research on INFN at:
http://www.investor-edge.com/3511-INFN-06Jun2014.pdf
Shares in Zhone Technologies Inc. finished the Thursday's session 4.64% higher at $3.16. A total of 0.19 million shares were traded, which was below its three months average volume of 0.47 million shares. The stock vacillated between $3.05 and $3.23 during the session. Over the previous three trading sessions and over the last one month, Zhone Technologies Inc.'s shares have surged 3.95% and 13.67%, respectively. However, from the beginning of 2014, the company's stock has declined 40.82%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $3.92 is greater than its 50-day moving average of $3.30. Shares of Zhone Technologies Inc. traded at a PE ratio of 24.31 and have an RSI of 50.32. Sign up today to read free research on ZHNE at:
http://www.investor-edge.com/3511-ZHNE-06Jun2014.pdf
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