Stock Updates on Diversified Telecommunication Industry -- AT&T, Verizon Communications, Frontier Communications, Globalstar, and 8x8

LONDON, August 5, 2014 /PRNewswire/ --

On Monday, August 04, 2014, the NASDAQ Composite ended at 4,383.89, up 0.72%, the Dow Jones Industrial Average finished the day 0.46% higher at 16,569.28, and the S&P 500 closed at 1,938.99, up 0.72%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Telecommunication Services Sector Index ended the day at 161.77, up 0.61%, and the index has advanced 0.86% in the last one month. Investor-Edge has initiated coverage on the following equities: AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE: VZ), Frontier Communications Corporation (NASDAQ: FTR), Globalstar Inc. (NYSE MKT: GSAT), and 8x8 Inc. (NASDAQ: EGHT). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Monday, AT&T Inc.'s stock recorded a trading volume of 21.30 million shares, lower than its three months average volume of 22.83 million shares. The stock finished the day at $35.46, up 0.37%, and registered an intraday range of $35.20 and $35.53. AT&T Inc.'s shares have declined 1.06% in the last one month and 0.48% in the past three months. However, the stock has advanced 0.85% on YTD basis. Furthermore, the company's shares are trading above their 200-day moving average. The stock's 50-day moving average of $35.50 is above its 200-day moving average of $34.72. Additionally, shares of AT&T Inc. traded at a PE ratio of 14.08 and have a Relative Strength Index (RSI) of 43.51. Sign up and read the free notes on T at:

http://www.Investor-Edge.com/T-05Aug2014

Verizon Communications Inc.'s stock gained 0.76%, to close Monday's session at $50.21, after oscillating between $49.64 and $50.30. The stock recorded a trading volume of 11.69 million shares, below its three months average volume of 14.26 million shares. Over the last one month and past three months, Verizon Communications Inc.'s shares have gone up 1.01% and 6.56%, respectively. Also, from the beginning of 2014, the stock has advanced 2.18%. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $49.89 is above its 200-day moving average of $48.65. Further, Verizon Communications Inc.'s stock traded at a PE ratio of 15.80 and has an RSI of 44.03. The complimentary notes on VZ can be downloaded as in PDF format at:

http://www.Investor-Edge.com/VZ-05Aug2014

On Monday, shares in Frontier Communications Corp. finished the session 0.93% higher at $6.54. A total of 11.66 million shares were traded, which was above its three months average volume of 10.91 million shares. The stock moved between $6.43 and $6.59 during the session. Over the last one month and past three months, Frontier Communications Corp.'s shares have surged 11.79% and 9.92%, respectively. Also, the stock has gained 40.65% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $5.83 is greater than its 200-day moving average of $5.21. Shares of Frontier Communications Corp. traded at a PE ratio of 32.55 and have an RSI of 65.92. Register for free on Investor-Edge and access the latest research on FTR at:

http://www.Investor-Edge.com/FTR-05Aug2014

Globalstar Inc.'s stock fluctuated between $3.90 and $4.04 before ending Monday's session up 1.03%, at $3.94. The stock reported a trading volume of 2.41 million shares, below its three months average volume of 4.98 million shares. Further, Globalstar Inc.'s shares have lost 11.66% over the last one month. However, the stock has rallied 39.22% over the past three months and 125.14% on YTD basis. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $3.99 is greater than its 200-day moving average of $2.63. Moreover, shares of Globalstar Inc. have an RSI of 42.74. The complete research on GSAT is available for free at:

http://www.Investor-Edge.com/GSAT-05Aug2014

8x8 Inc.'s stock advanced 0.63%, to close Monday's session at $7.97, after vacillating between $7.89 and $8.03. The stock recorded a trading volume of 0.55 million shares, below its three months average volume of 1.29 million shares. Over the last one month, 8x8 Inc.'s shares have gained 2.84%. However, over the past three months and from the beginning of 2014, the stock has fallen by 18.17% and 21.48%, respectively. The company's shares are trading above their 50-day moving average. The stock's 200-day moving average of $9.55 is above its 50-day moving average of $7.57. Further, 8x8 Inc.'s stock traded at a PE ratio of 296.66 and has an RSI of 52.05. Free in depth research on EGHT is available at:

http://www.Investor-Edge.com/EGHT-05Aug2014

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