Today’s Research Reports on Trending Tickers: Ubiquiti Networks and Vmware
NEW YORK, NY / ACCESSWIRE / February 12, 2018 / U.S. markets managed to finish in the green on Friday, despite concerns of rising interest rates and inflationary pressure. The Dow Jones Industrial Average jumped 1.38 percent to close at 24,190.90, while the S&P 500 Index increased 1.49 percent to close at 2,619.55. The Nasdaq Composite Index increased 1.44 percent to close at 6,874.49. The Cboe Volatility Index, a key measure of market expectations of near-term volatility, reached a high of 41.06 on Friday, before settling at 29.06.
According to Richard Hastings, a macro strategist at Seaport Global Securities LLC, “The bull market is not over. It is getting a new and better price, so it can go higher all over again. The relationship of the price—of many stocks—to their own yields and to interest rates, all went into chaos. Order is being restored.”
RDI Initiates Coverage on:
Ubiquiti Networks, Inc. https://rdinvesting.com/news/?ticker=UBNT
Vmware, Inc. https://rdinvesting.com/news/?ticker=VMW
Ubiquiti Networks’ stock moved 4.58% higher Friday, to close the day at $70.55. The stock recorded a trading volume of 802,643 shares, which was above its three months average volume of 338,855 shares. In the last year, Ubiquiti Networks’ shares have traded in a range of 45.71 – 82.30. The share price has gained 54.34% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $75.15 is greater than its 200-day moving average of $64.87. Shares of Ubiquiti Networks are trading at a trailing Price to Earnings ratio of 38.87. Shares of Ubiquiti Networks have fallen roughly 4.34 percent in the past month and are down 0.66 percent year-to-date.
Access RDI’s Ubiquiti Networks, Inc. Research Report at: https://rdinvesting.com/news/?ticker=UBNT
On Friday, shares of Vmware recorded a trading volume of 2,705,045 shares, which was below the three months average volume of 2,957,686 shares. The stock ended the day 4.31% higher at 113.13. The share price has gained 32.39% from its 52-week low with a 52-week trading range of 85.45 – 165.00. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $128.20 is greater than its 200-day moving average of $115.52. Shares of Vmware are trading at a trailing Price to Earnings ratio of 40.72. Shares of Vmware have fallen roughly 15.11 percent in the past month and are down 9.73 percent year-to-date.
Access RDI’s Vmware, Inc. Research Report at: https://rdinvesting.com/news/?ticker=VMW
Our Actionable Research on Ubiquiti Networks, Inc. (NASDAQ:UBNT) and Vmware, Inc. (NYSE:VMW) can be downloaded free of charge at Research Driven Investing.
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