Morning Research: Nokia OYJ, Telefonaktiebolaget LM Ericsson, ARRIS Group Inc., and Motorola Solutions Inc.

Fri Oct 18, 2013 5:14pm EDT

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Morning Research: Nokia OYJ, Telefonaktiebolaget LM Ericsson, ARRIS Group Inc., and Motorola Solutions Inc.

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PR Newswire

LONDON, October 18, 2013 /PRNewswire/ --

On Thursday, October 17, 2013, the U.S. equity market ended on a mixed note. The S&P 500 and the NASDAQ Composite gained 0.67% and 0.62%, respectively, while and the Dow Jones Industrial Average fell marginally by 0.01%. Shares in the communication equipment industry mostly ended on higher note, even as the broader market traded between gains and losses. The major movers included Nokia OYJ (NYSE: NOK), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), ARRIS Group Inc. (NASDAQ: ARRS), and Motorola Solutions Inc. (NYSE: MSI). AAAResearchReports.com has released full comprehensive research on NOK, ERIC, ARRS, and MSI. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

On Thursday, Nokia OYJ's stock advanced, hitting a new 52-week high of $7.17. The company's shares closed the day at $7.12, up 1.28% from the previous day's price of $7.03. A total of 32.47 million shares were traded, which is below the daily average volume of 42.08 million. The company's shares have surged 13.56% in the last one month and 76.24% in the previous three months, outperforming the S&P 500 which has gained 1.67% and 3.11% during the respective periods. Furthermore, Nokia OYJ's stock is trading above its 50-day and 200-day moving averages of $5.55 and $4.21, respectively. Download free report on NOK upon registration at:

www.AAAResearchReports.com/NOK101813.pdf

Shares in Telefonaktiebolaget LM Ericsson gained 0.31% on Thursday, extending the gains from the previous trading session. The company's shares closed the day at $13.04, after oscillating between $13.01 and $13.14. A total of 7.20 million shares were traded, which is above the daily average volume of 3.28 million. The company's shares have gained 1.24% in the previous three trading sessions and 7.06%in the last three months, compared to a gain of 1.35% and 3.11% in the S&P 500 during the respective periods. Additionally Telefonaktiebolaget LM Ericsson's stock is trading above its 50-day and 200-day moving averages of $12.93 and $12.13, respectively. ERIC technical report can be accessed for free by signing up at:

www.AAAResearchReports.com/ERIC101813.pdf

ARRIS Group Inc.'s stock declined on Thursday, even as the broader market ended on a mixed note. The company's shares traded between $16.36 and $16.85 before ending the day 2.15% lower at $16.40. A total of 4.63 million shares were traded, which is significantly above the daily average volume of 1.20 million. Despite Thursday's losses, the company's shares have advanced 5.94% in the previous three months, outperforming the S&P 500 which has gained 3.11% during the same period. Further, ARRIS Group Inc.'s stock is trading above its 200-day moving average of $16.19. The free report on ARRS can be downloaded by signing up now at:

www.AAAResearchReports.com/ARRS101813.pdf  

On Thursday, Motorola Solutions Inc.'s stock closed at $60.92, up 0.35% from the previous day's closing price of $60.71. The company's shares vacillated between $60.25 and $60.97 during the trading session. A total of 1.99 million shares were traded, which is marginally below the daily average volume of 2.02 million. The company's shares have gained 4.53% in the last one month and 2.52% in the previous three months, compared to a gain of 1.67% and 3.11% in the S&P 500 during the respective periods. Moreover, Motorola Solutions Inc.'s stock is trading above its 50-day and 200-day moving averages of $58.32 and $58.89, respectively. A free report on MSI can be accessed by registering at:

www.AAAResearchReports.com/MSI101813.pdf

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