Coverage Initiated on Select Wireless Communications’ Equities
LONDON, UK / ACCESSWIRE / July 6, 2016 / Active Wall St announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Wireless Communications industry. Companies recently under review include Sprint, Globalstar, T-Mobile, and xG Technology. See our complete notes on Sprint at:
http://www.activewallst.com/registration-3/?symbol=S
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The Wireless Communications industry continues to benefit from the rapid advancements in technology and increased demand for wireless devices. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more at:
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Active Wall St takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.
Sprint Corp. (NYSE: S)
At the close on Tuesday, shares in Overland Park, Kansas headquartered Sprint Corp. saw a slight decline of 0.88%, ending the day at $4.49. The stock recorded a trading volume of 11.58 million shares. The Company’s shares have advanced 18.78% in the last one month, 28.29% in the previous three months, and 24.03% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 19.29% and 21.04%, respectively. Moreover, shares of Sprint, which through its subsidiaries, provide various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the U.S, Puerto Rico, and the U.S. Virgin Islands, have a Relative Strength Index (RSI) of 69.08.
Globalstar Inc. (NYSE MKT: GSAT)
Shares in Covington, Louisiana headquartered Globalstar Inc. ended the day 7.63% lower at $1.09 and with a total volume of 3.39 million shares traded. In the last month, the stock has gained 15.96%. The Company’s shares are trading below their 200-day moving average by 33.18%. Furthermore, shares in Globalstar, which provides mobile voice and data communications services through satellite globally, have an RSI of 39.13. On June 13th, 2016, research firm Chardan Capital Markets downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’. Visit us today and get more on GSAT for free at:
http://www.activewallst.com/registration-3/?symbol=GSAT
T-Mobile US Inc. (NASDAQ: TMUS)
On Tuesday, shares in Bellevue, Washington headquartered T-Mobile US Inc. finished 0.51% higher at $43.21 with a total volume of 2.47 million shares traded. The stock has advanced 10.40% over the previous three months and 10.46% on an YTD basis. The Company’s shares are trading above their 50-day and 200-day moving averages by 3.93% and 9.94%, respectively. Additionally, shares of T-Mobile, which together with its subsidiaries, provide mobile communications services for consumers and businesses in the U.S., Puerto Rico, and the U.S. Virgin Islands, have an RSI of 57.06. On June 24th, 2016, research firm Nomura downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’. Research notes on TMUS are available for free at:
http://www.activewallst.com/registration-3/?symbol=TMUS
xG Technology Inc. (NASDAQ: XGTI)
Sarasota, Florida headquartered xG Technology Inc.’s shares recorded a trading volume of 838,152 shares at the end of yesterday’s session and closed the day at $0.98, which was a decline of 7.14%. The stock has soared 406.49% in the last one month, 1,117.23% over the previous three months, and 336.24% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 195.12% and 230.73%, respectively. Additionally, shares of xG Technology, which engages in the development of communication technologies for wireless networks globally, have an RSI at 61.68. Complimentary notes on XGTI are accessible at:
http://www.activewallst.com/registration-3/?symbol=XGTI
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