NEW YORK, December 16, 2016 /PRNewswire/ --
Stock-Callers.com evaluates the recent performances of these Diversified Electronics equities: Dolby Laboratories Inc. (NYSE: DLB), Sanmina Corp. (NASDAQ: SANM), Acuity Brands Inc. (NYSE: AYI), and LG Display Co. Ltd (NYSE: LPL). These stocks belong to the Technology sector which recorded broad-based gains on Thursday, December 15th, 2016. As per a report on the NASDAQ, shares of Tech companies in the S&P 500 increased over 0.5% on Thursday. Learn more about these stocks by downloading their free report at:
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Dolby Laboratories
San Francisco, California headquartered Dolby Laboratories Inc.'s stock finished Thursday's session 1.15% lower at $45.50 with a total trading volume of 326,295 shares. The Company's shares have advanced 36.76% on an YTD basis. The stock is trading below its 200-day moving average by 3.56%. Furthermore, shares of Dolby Laboratories, which creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices, have a Relative Strength Index (RSI) of 26.39.
On December 07th, 2016, Dolby Laboratories announced that the company has exceeded major milestones; including the installation of 2,000 Dolby Atmos enabled cinema screens and the release of 500 movie titles mixed in Dolby Atmos. Since debuting in 2012 with Disney•Pixar's Brave, Dolby Atmos has paved a new course for creative storytelling, transforming the ways in which audiences worldwide experience sound. The free research report on DLB is available at:
http://stock-callers.com/registration/?symbol=DLB
Sanmina
Shares in San Jose, California headquartered Sanmina Corp. ended at $36.00, up 1.69% from the last trading session. The stockrecorded a trading volume of 507,193 shares, which was above its three months average volume of 476,380 shares. The Company's shares have gained 15.38% in the last one month, 30.62% in the previous three months, and 74.93% since the start of this year. The stock is trading 17.24% above its 50-day moving average and 34.12% above its 200-day moving average. Moreover, shares of Sanmina, which provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide, have an RSI of 78.23.
On December 01st, 2016, Sanmina announced that its Salt Lake City, Utah facility has been awarded the AS9100C certification for printed circuit board assemblies, subassemblies and systems. This certification is an internationally recognized standard focused on quality requirements necessary in the defense and aerospace industry. The company stated that compliance with this certification, which includes increased parts traceability, risk identification and mitigation, ensures that mission critical equipment used by the military and government meets the highest quality standards. The complimentary report on SANM can be downloaded at:
http://stock-callers.com/registration/?symbol=SANM
Acuity Brands
Atlanta, Georgia headquartered Acuity Brands Inc.'s stock ended yesterday's session 0.11% lower at $243.83 with a total trading volume of 345,017 shares. The Company's shares have advanced 4.52% on an YTD basis. The stock is trading 0.16% above its 50-day moving average. Additionally, shares of Acuity Brands, which designs, produces, and distributes various lighting solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally, have an RSI of 42.06.
On December 07th, 2016, Acuity Brands announced that it will host a conference call on January 09th, 2017, at 10:00 a.m. ET to discuss the Company`s performance for Q1 FY17, following the announcement of those results earlier that day. Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands, will lead the call.
On December 08th, 2016, research firm JMP Securities initiated a 'Market Underperform' rating on the Company's stock, issuing a target price of $200 per share. Visit us today and download our complete research report on AYI for free at:
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LG Display
At the close on Thursday, shares in Seoul, South Korea headquartered LG Display Co. Ltd recorded a trading volume of 279,334 shares. The stock finished 2.10% higher at $13.12. The Company's shares have gained 11.00% in the last one month, 5.47% over the previous three months, and 25.67% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.86% and 9.51%, respectively. Furthermore, shares of LG Display, which manufactures and sells thin film transistor liquid crystal display and organic light-emitting diode technology-based panels in the Republic of Korea, the US, Europe, and Asia, have an RSI of 63.58.
On November 21st, 2016, research firm Goldman initiated a 'Sell' rating on the Company's stock. Get free access to your technical report on LPL at:
http://stock-callers.com/registration/?symbol=LPL
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