01.08.2017 12:40:00
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Initiating Research Reports on Networking and Communication Devices Equities -- Palo Alto Networks, Zayo, Gigamon, and Super Micro Computer
NEW YORK, August 1, 2017 /PRNewswire/ --
If you want a Stock Review on PANW, ZAYO, GIMO, or SMCI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Networking and Communication Devices companies design and manufacture networking equipment as well as servers for enterprise, commercial, and consumer use. These firms are generally structured as corporations and offer dividend yields that are in line with the wider market. In today's pre-market research, DailyStockTracker.com recalls the previous performances of Palo Alto Networks Inc. (NYSE: PANW), Zayo Group Holdings Inc. (NYSE: ZAYO), Gigamon Inc. (NYSE: GIMO), and Super Micro Computer Inc. (NASDAQ: SMCI). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Palo Alto Networks
California headquartered Palo Alto Networks Inc.'s stock finished Monday's session 1.44% lower at $131.78 with a total trading volume of 1.73 million shares. The Company's shares have advanced 21.55% over the previous three months and 5.38% on an YTD basis. The stock is trading below its 200-day moving average by 0.58%. Furthermore, shares of Palo Alto Networks, which provides security platform solutions to enterprises, service providers, and government entities worldwide, have a Relative Strength Index (RSI) of 35.01.
On July 07th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $160 per share.
On July 17th, 2017, Palo Alto Networks announced that it has again been recognized in the "Leaders" quadrant of the July 10th, 2017 "Magic Quadrant for Enterprise Network Firewalls" by Gartner Inc. This marks the sixth consecutive time that the Company has been named a leader in the Magic Quadrant for Enterprise Firewalls, which evaluates vendors' ability to execute and completeness of vision. Visit us today and access our complete research report on PANW at:
http://dailystocktracker.com/registration/?symbol=PANW
Zayo Group
Shares in Colorado headquartered Zayo Group Holdings Inc. ended at $32.79, up 1.42% from the last trading session. The stock recorded a trading volume of 1.96 million shares. The Company's shares have gained 6.12% in the last one month. The stock is trading 3.77% above its 50-day moving average and 1.25% above its 200-day moving average. Moreover, shares of Zayo, which through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the US, Canada, and Europe, have an RSI of 65.06.
On July 20th, 2017, Zayo announced that it has successfully completed the repricing of the outstanding $1.1 billion of term loans under the 2017 Incremental Refinancing B-2 Term Facility and the 2017 Incremental Acquisition Term Facility under its existing credit agreement, which trade together as the B-2 tranche. The $1.1-billion term loan tranche was repriced at par and will bear interest at a rate of LIBOR plus 2.25%, with a minimum LIBOR rate of 1.00%. The complimentary report on ZAYO can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ZAYO
Gigamon
California headquartered Gigamon Inc.'s stock ended yesterday's session 1.61% lower at $39.75. A total volume of 1.46 million shares was traded, which was above their three months average volume of 1.09 million shares. The Company's shares have advanced 1.15% in the past month and 29.27% over the previous three months. The stock is trading 0.80% above its 50-day moving average. Additionally, shares of Gigamon have an RSI of 53.64.
On July 25th, 2017, Gigamon introduced a new Defender Lifecycle Model to address the increasing speed, volume, and polymorphic nature of network cyber threats. Focused on a foundational layer of pervasive visibility and four, key pillars - prevention, detection, prediction, and containment - the new model integrates machine learning, artificial intelligence, and security-workflow automation to shift control and advantage away from the attacker and back to the defender.
On July 31st, 2017, research firm Dougherty & Company upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $50 per share. Register for free on DailyStockTracker.com and access the latest research report on GIMO at:
http://dailystocktracker.com/registration/?symbol=GIMO
Super Micro Computer
On Monday, shares in California headquartered Super Micro Computer Inc. recorded a trading volume of 407,636 shares, which was above their three months average volume of 399,470 shares. The stock finished 0.19% higher at $26.85. The Company's shares have advanced 10.95% in the last one month and 9.82% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 7.65% and 5.37%, respectively. Furthermore, 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 59.90.
On July 20th, 2017, Super Micro Computer announced that it will release Q4 FY17 and FY17 financial results on August 03rd, 2017, immediately after the close of regular trading, followed by a teleconference beginning at 2:00 p.m. PT. The live webcast of the teleconference may be accessed under the Investor Relations tab of the Company's website.
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