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Barracuda : Technical Insights on Communication Equipment Stocks -- Nokia, ShoreTel, Aerohive Networks, and Barracuda Networks

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09/21/2017 | 12:46pm CEST

NEW YORK, September 21, 2017 /PRNewswire/ --

If you want a Stock Review on NOK, SHOR, HIVE, or CUDA then come over to http://dailystocktracker.com/register and sign up for your free customized report today. On Wednesday, benchmark US indices were in mixed as the NASDAQ Composite closed the trading session down 0.08%; the Dow Jones Industrial Average edged 0.19% higher; and the S&P 500 was up 0.06%. US markets saw five out of nine sectors finishing the day in green and 4 in red. Pre-market today, DailyStockTracker.com reviews these four Communication Equipment stocks: Nokia Corp. (NYSE: NOK), ShoreTel Inc. (NASDAQ: SHOR), Aerohive Networks Inc. (NYSE: HIVE), Barracuda Networks Inc. (NYSE: CUDA). Access DailyStockTracker.com's free research reports for this morning's stocks line-up at:



Espoo, Finland headquartered Nokia Corp.'s stock finished Wednesday's session 0.64% lower at $6.18. A total volume of 13.61 million shares was traded, which was above its three months average volume of 11.29 million shares. The Company's shares have advanced 12.36% in the last twelve months and 28.48% on an YTD basis. The stock is trading above its 200-day moving average by 9.57%. Furthermore, shares of Nokia, which together with its subsidiaries, provides network infrastructure and related services worldwide, have a Relative Strength Index (RSI) of 51.00. Free research report on NOK is available at:



Shares in Sunnyvale, California headquartered ShoreTel Inc. ended the day flat at $7.50. The stock recorded a trading volume of 782,349 shares. The Company's shares have gained 27.12% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 6.09% and 12.88%, respectively. Moreover, shares of ShoreTel, which provides business communication solutions for small and medium sized businesses, have an RSI of 72.29. The complimentary research report on SHOR can be downloaded at:


Aerohive Networks 

Milpitas, California headquartered Aerohive Networks Inc.'s stock ended yesterday's session 1.05% higher at $3.84 with a total trading volume of 307,243 shares. The Company's shares have advanced 14.63% in the past month. The stock is trading below its 50-day moving average by 2.14%. Additionally, shares of Aerohive Networks, which together with its subsidiaries, designs and develops cloud networking and enterprise Wi-Fi solutions in Americas, Europe, Middle-East and Africa, and Asia/Pacific, have an RSI of 52.74. Visit us today and access our complete research report on HIVE at:


Barracuda Networks 

On Wednesday, shares in Campbell, California headquartered Barracuda Networks Inc. recorded a trading volume of 547,400 shares. The stock finished the day 0.61% lower at $24.32. The Company's shares have advanced 13.49% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.76% and 6.33%, respectively. Furthermore, shares of Barracuda Networks, which designs and delivers security and data protection solutions, have an RSI of 57.58. Get free access to your research report on CUDA at:



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© PRNewswire 2017
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