Research Reports Initiation on Communication Equipment Stocks -- DragonWave, Impinj, Harmonic, and Ceragon Networks

NEW YORK, January 20, 2017 /PRNewswire/ --

On Thursday, January 19, 2017, US markets saw broad based losses w`ith seven out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 5,540.08, down 0.28%; the Dow Jones Industrial Average edged 0.37% lower, to finish at 19,732.40; and the S&P 500 closed at 2,263.69, down 0.36%. This Friday morning, Stock-Callers.com looks at the performance of these four Communication Equipment stocks: DragonWave Inc. (NASDAQ: DRWI), Impinj Inc. (NASDAQ: PI), Harmonic Inc. (NASDAQ: HLIT), and Ceragon Networks Ltd (NASDAQ: CRNT). You can access our complimentary research reports on these stocks now at:

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DragonWave  

Ottawa, Canada headquartered DragonWave Inc.'s stock closed the day flat at $2.25. The stock recorded a trading volume of 57,004 shares. DragonWave's shares have gained 7.66% in the previous three months and 12.50% in the past one year. The Company's shares are trading 20.44% and 41.24% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides high-capacity packet microwave solutions that drive next-generation IP networks worldwide, have a Relative Strength Index (RSI) of 34.00. Visit us today and download your complete report on DRWI for free at:

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Impinj  

On Thursday, shares in Seattle, Washington headquartered Impinj Inc. ended the session 0.75% lower at $30.41 with a total volume of 975,449 shares traded. Impinj's shares have gained 8.76% in the previous three months. The stock is trading 4.57% above its 200-day moving average. Moreover, shares of the Company, which provides RAIN radio-frequency identification technology solutions, have an RSI of 38.80. The complimentary research report on PI can be accessed at:

http://stock-callers.com/registration/?symbol=PI

Harmonic  

On Thursday, shares in San Jose, California headquartered Harmonic Inc. recorded a trading volume of 509,273 shares. The stock ended the day flat at $5.10. Harmonic's stock has surged 58.88% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 2.16% and 23.71%, respectively. Furthermore, shares of Harmonic, which designs, manufactures, and sells video infrastructure products and system solutions worldwide, have an RSI of 51.16. Register for free on Stock-Callers.com and download the PDF research report on HLIT at:

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Ceragon Networks  

Tel Aviv, Israel headquartered Ceragon Networks Ltd's stock finished Thursday's session 1.79% lower at $3.29 with a total volume of 700,541 shares traded. Over the last one month and the previous three months, Ceragon Networks' shares have surged 35.39% and 41.81%, respectively. Further, the stock has rallied 219.42% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 25.25% and 54.43%, respectively. Shares of Ceragon Networks, which provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice, data, and multimedia services worldwide, are trading at a PE ratio of 31.04. The stock has an RSI of 59.37.

On January 17^th, 2017, research firm Needham downgraded the Company's stock rating from 'Buy' to 'Hold'. Get free access to your research report on CRNT at:

http://stock-callers.com/registration/?symbol=CRNT

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