Technical Research on Networking & Communication Devices Equities -- Cisco Systems, Extreme Networks, Super Micro Computer, and Gigamon
NEW YORK, September 20, 2017 /PRNewswire/ --
If you want a Stock Review on CSCO, EXTR, SMCI, or GIMO then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com revisits the Networking and Communication Devices space, which includes companies that design and manufacture networking equipment, as well as servers, for enterprise, commercial, and consumer use. Equities in today's lineup are: Cisco Systems Inc. (NASDAQ: CSCO), Extreme Networks Inc. (NASDAQ: EXTR), Super Micro Computer Inc. (NASDAQ: SMCI), and Gigamon Inc. (NYSE: GIMO). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
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Cisco Systems
On Tuesday, shares in San Jose, California headquartered Cisco Systems Inc. recorded a trading volume of 12.76 million shares. The stock ended the day at $32.49, declining 0.09% from the last trading session. The Company's shares have advanced 6.98% in the past month, 2.01% in the previous three months, and 7.51% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.67% and 1.47%, respectively. Furthermore, shares of Cisco Systems, which designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide, have a Relative Strength Index (RSI) of 58.37.
On September 18th, 2017, Cisco Systems announced that Executive Chairman John Chambers has notified its Board of Directors that he will not stand for re-election in December. The Board plans to appoint Cisco's CEO Chuck Robbins to serve as chairman when Chambers' term expires at the annual meeting of shareholders on December 11th, 2017. At that time, Chambers will also be given the honorary title of Chairman Emeritus. Sign up and read the free research report on CSCO at:
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Extreme Networks
San Jose, California headquartered Extreme Networks Inc.'s (EXTR) stock rose 0.43%, finishing yesterday's session at $11.75 with a total trading volume of 1.33 million shares. The Company's shares have gained 10.02% in the last month, 17.27% over the previous three months, and 133.60% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 16.15% and 49.40%, respectively. Additionally, shares of EXTR, which provides software-driven networking solutions for enterprise customers worldwide, have an RSI of 64.44.
On September 13th, 2017, EXTR announced the launch of Extreme Automated Campus™, a cost-effective alternative to outdated traditional networking solutions that delivers plug-and-play simplicity and true business agility. The solution comes within just two months of the Company's closing on its acquisition of Avaya's networking business, and combines Avaya's field-proven Fabric Connect infrastructure, EXTR's industry-leading Extreme Management Center™, and EXTR's top-ranked support services to eliminate networking complexity, increase security, and deliver increased visibility into the network. The complimentary research report on EXTR can be downloaded at:
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Super Micro Computer
Shares in San Jose, California headquartered Super Micro Computer Inc. ended the session 0.94% lower at $21.00. The stock recorded a trading volume of 1.87 million shares, which was above its three months average volume of 434,030 shares. The Company's shares are trading 19.05% below their 200-day moving average. Moreover, shares of Super Micro Computer, which together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture, have an RSI of 17.56.
On September 14th, 2017, Super Micro Computer announced that it received a notification letter from NASDAQ stating that the Company is not in compliance with NASDAQ listing rule 5250(c)(1), which requires timely filing of reports with the US SEC. The September 14th, 2017 letter was sent as a result of the Company's delay in filing its Annual Report on Form 10-K for the period ending June 30th, 2017 due August 29th, 2017.
On September 19th, 2017, research firm Susquehanna downgraded the Company's stock rating from 'Positive' to 'Neutral'. Register for free on DailyStockTracker.com and access the latest report on SMCI at:
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Gigamon
At the closing bell on Tuesday, Santa Clara, California headquartered Gigamon Inc.'s stock climbed 0.69%, finishing at $43.50. A total volume of 499,261 shares was traded. The Company's shares have gained 10.13% in the last month and 11.97% over the previous three months. The stock is trading 6.96% and 11.93% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Gigamon, which develops and delivers solution that delivers visibility and control of data-in-motion traversing enterprise, federal, and service provider networks in the US, rest of Americas, Europe, Middle-East, Africa, and Asia/Pacific, have an RSI of 58.97. Get free access to your research report on GIMO at:
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