Coverage Initiated on Tech Stocks Rogers Communications, CGI Group, Sandvine, and Open Text

LONDON, UK / ACCESSWIRE / July 28, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Technology industry. Companies recently under review include Rogers Communications, CGI Group, Sandvine, and Open Text. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Wednesday, July 27, 2016, the TSX Composite Index edged 0.02% lower, to finish at 14,546.54.

Active Wall St. has initiated coverage on the following equities: Rogers Communications Inc. (TSX: RCI-B), CGI Group Inc. (TSX: GIB-A), Sandvine Corporation (TSX: SVC), and Open Text Corporation (TSX: OTC). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Rogers Communications Inc. (TSX: RCI-B)

Toronto, Canada headquartered Rogers Communications Inc.’s stock edged 0.71% higher, to close the day at $57.85. The stock recorded a trading volume of 1.24 million shares, which was above its three months average volume of 791,811 shares. Rogers Communications’ shares have gained 13.10% in the last one month, 18.42% in the past three months, and 27.68% in the previous one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $52.34 is greater than its 200-day moving average of $50.38. Shares of the Company, which operates as a communications and media company in Canada, traded at a PE ratio of 21.27. See our notes on RCI-B.TO at: http://www.activewallst.com/registration-3/?symbol=RCI-B.

CGI Group Inc. (TSX: GIB-A)

Montreal, Canada headquartered CGI Group Inc.’s stock finished Wednesday’s session 7.21% higher at $63.05 with a total volume of 1.48 million shares traded. Over the last one month and the previous three months, CGI Group’s shares have advanced 15.94% and 7.30%, respectively. Furthermore, the Company’s stock has gained 30.43% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. CGI Group’s 200-day moving average of $58.42 is above its 50-day moving average of $57.60. Shares of the Company, which provides information technology and business process services, traded at a PE ratio of 19.90. The complimentary notes on GIB-A.TO at: http://www.activewallst.com/registration-3/?symbol=GIB-A.

Sandvine Corporation (TSX: SVC)

On Wednesday, shares in Waterloo, Canada headquartered Sandvine Corporation ended the session 0.30% higher at $3.30 with a total volume of 322,821 shares traded. Sandvine’s shares have gained 30.43% in the last one month and 18.28% in the previous three months. The stock is trading above its 50-day and 200-day moving averages. The company’s 200-day moving average of $2.92 is greater than its 50-day moving average of $2.83. Shares of Sandvine, which develops and markets network policy control solutions for fixed, mobile, and converged communications service providers worldwide, traded at a PE ratio of 12.94. Register for free and access the latest notes on SVC.TO at: http://www.activewallst.com/registration-3/?symbol=SVC.

Open Text Corporation (TSX: OTC)

On Wednesday, shares in Waterloo, Canada headquartered Open Text Corporation recorded a trading volume of 252,662 shares, which was higher than their three months average volume of 245,930 shares. The stock ended the day 0.71% higher at $82.79. Open Text’s stock has advanced 9.61% in the last one month and 17.73% in the previous three months. Furthermore, the stock has surged 69.90% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $77.60 is above its 200-day moving average of $70.81. Shares of the Company, which provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices, traded at a PE ratio of 37.98. Get free access to your notes on OTC.TO at: http://www.activewallst.com/registration-3/?symbol=OTC.

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