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SOURCE Wall St. Equities
NEW YORK, Dec. 15, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on VSAT, RSYS, SSNI, and NTAP which is a click away at www.wallstequities.com/registration. WallStEquities.com has initiated coverage on ViaSat Inc. (NASDAQ: VSAT), RadiSys Corp. (NASDAQ: RSYS), Silver Spring Networks Inc. (NYSE: SSNI), and NetApp Inc. (NASDAQ: NTAP). These companies operate in the Technology sector, which is the category of stocks relating to the research, development, and/or distribution of technologically-based goods and services. Get you free stock reports on these stock by registering now on Wall St. Equities at:
On Thursday, shares in Carlsbad, California headquartered ViaSat Inc. recorded a trading volume of 531,856 shares, which was above their three months average volume of 432,500 shares. The stock ended the session 0.64% higher at $72.72. The Company's shares have gained 16.43% over the previous three months and 9.82% on an YTD basis. The stock is trading 6.24% above its 50-day moving average and 10.92% above its 200-day moving average. Moreover, shares of ViaSat, which provides broadband and communications products and services worldwide, have a Relative Strength Index (RSI) of 59.27.
On November 21st, 2017, research firm RBC Capital Markets reiterated its 'Underperform' rating on the Company's stock with a decrease of the target price from $48 a share to $46 a share.
On December 14th, 2017, ViaSat announced that it officially opened new offices in Austin, Texas; Seattle, Washington; and Amsterdam, Netherlands. The new offices aim to drive innovation across a number of technical and engineering disciplines by leveraging the talented candidate pools in the local regions. Get started with a complimentary subscription and access to the free report on VSAT at:
Hillsboro, Oregon headquartered RadiSys Corp.'s stock closed the day 1.65% lower at $0.84. A total volume of 1.65 million shares was traded, which was above their three months average volume of 901,340 shares. The Company's shares have advanced 8.08% in the past month. The stock is trading 21.65% below its 50-day moving average. Additionally, shares of RadiSys have an RSI of 43.98.
On November 30th, 2017, RadiSys announced that it has received an approximately $5-million order for MediaEngine product from its large Asian customer, of which roughly $4 million is expected to be shipped in Q4 2017, with the remainder of the order to be fulfilled in early 2018. In addition, RadiSys announced that this customer recently made a cash payment of approximately $4.7 million against an existing accounts receivable balance. Free research on RSYS can be accessed at:
Silver Spring Networks
Shares in San Jose, California headquartered Silver Spring Networks Inc. recorded a trading volume of 760,094 shares. The stock ended yesterday's trading session flat at $16.22. The Company's shares have advanced 0.81% in the past month, 24.77% in the previous three months, and 21.86% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.46% and 27.04%, respectively. Furthermore, shares of Silver Spring Networks have an RSI of 57.87.
On December 05th, 2017, Silver Spring Networks (SSNI) and Itron, Inc. announced that the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), with respect to the latter's acquisition of SSNI, has expired. The expiration of the HSR Act waiting period satisfies one of the conditions to the closing of the pending acquisition, which remains subject to other customary closing conditions, including the approval of SSNI's stockholders. Both companies expect to close the transaction in early 2018. Visit WallStEquities.com now and sign up for the free research on SSNI at:
Sunnyvale, California headquartered NetApp Inc.'s stock finished Thursday's session 0.71% lower at $57.37 with a total trading volume of 2.41 million shares. The Company's shares have surged 25.76% in the last one month, 39.82% over the previous three months, and 62.66% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 17.05% and 33.87%, respectively. Additionally, shares of NetApp have an RSI of 71.44.
On November 16th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $50 a share to $53 a share.
On December 06th, 2017, NetApp announced the winners of its annual US Public Sector Partner Awards: FCN won the 2017 Lifetime Achievement Award, and ViON won the 2017 Innovation Award. For the 2017 Revenue Award, StorageHawk won Top Civilian VAR Partner of the Year; World Wide Technology won Top DoD VAR Partner of the Year; ClearShark won Top Intelligence VAR Partner of the Year; CDW Holdings won Top SLED VAR Partner of the Year; and General Dynamics Information Technology and General Dynamics Mission Systems both won FSI Partner of the Year. The free technical report on NTAP is available at:
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