Motorola Solutions, LM Ericsson, Nokia, and Arris Group Early Briefing and Review
* Reuters is not responsible for the content in this press release.
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130402:nPn4028706 LONDON, April 2, 2013 /PRNewswire/ -- First trading day of Q2 turned out to be one of the lightest trading volume days of the year. Major indices retreated on account of less than stellar manufacturing numbers. Data showed a slow rate of growth for the first quarter of the year. The Technology sector followed the broad market trends and its benchmark index NASDAQ closed 0.87 percent lower at 3,239.17. However, the sector is still in a bullish phase. Our research team tracked major communication companies including Nokia Corporation (NYSE: NOK), Ericsson (NASDAQ:ERIC), Motorola Solutions Inc. (NASDAQ:MSI) and Arris Group Inc. (NASDAQ: ARRS). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at http://www.stockcall.com/report Nokia Corporation closed Monday's trading session with a mild downward movement, accompanied with below average volume. The stock ended at $3.26, down 0.61 percent from its previous close. It traded in the range of $3.25 and $3.32 during yesterday's session. Nokia is highly volatile as it commands beta of 1.57. The company's current market capitalization stands at $12.54 billion. The stock has lost 14.44 percent on a YTD basis while its 52 weeks loss stands at 40.62 percent. The company has traded in the range of $1.63 and $5.53 in the past 52 weeks time period. Sign up for the free report on NOK at http://www.StockCall.com/NOK040213.pdf Ericsson is trading above its long-term moving average price, indicating a mildly bullish trend. It closed its latest trading session at $12.50, down 0.79 percent. The stock made a downward movement with below average volume of 2.22 million shares. Its usual daily trading volume stands at 4.85 million shares. Ericsson provided good return to its holders as it appreciated 25.5 percent this year. The stock also gained 21.24 percent in the past 52 weeks and traded in the range of $8.23 and $13.46 for the same time period. The Communication Equipment company is a mildly volatile stock as it commands beta of 1.06. ERIC free technical report can be accessed by signing up at http://www.StockCall.com/ERIC040213.pdf Motorola Solutions Inc. is currently trading in bullish territory. The stock closed its Monday's session at $63.70, down 0.52 percent. The stock may touch $65.84 level in the coming days. Upon breaching this level, the stock's next support price is at $66.08. Its stock is highly volatile with its beta at 1.47. So far in 2013, the stock appreciated 17.79 percent. Its 52 weeks gain stands at 25.32 percent. The stock has traded in the range of $44.49 and $64.23 during the said time period. Free report on MSI can be accessed by registering at http://www.StockCall.com/MSI040213.pdf Arris Group Inc. trimmed its 52 weeks gain by closing 1.40 percent lower. The stock ended Monday's session at $16.93, while its highest price point for the session stood at $17.17. It traded 849,988 shares, down from its average daily volume of 1.01 million shares. Arris traded in the range of $10.85 and $17.98 in the past 52 weeks and currently it is trading near its high price point. The company commands market capitalization of $1.94 billion and it reported its latest EPS at $0.46. The company's stock gained more than 49 percent in the past 52 weeks, while its YTD gain stands at 14.94 percent. Read the full free research on ARRS by signing up to StockCall at http://www.StockCall.com/ARRS040213.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person:William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
- Housing, jobs data weaken, but overall economic picture still upbeat
- Target cyber breach hits 40 million payment cards at holiday peak |
- 'Duck Dynasty' anti-gay fallout sparks debate on religion, tolerance
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion |