Today’s Research Reports on Trending Tickers: Arista Networks and Ubiquiti Networks

NEW YORK, NY / ACCESSWIRE / February 27, 2018 / U.S. markets rose for the third consecutive session on Monday on the strength of technology shares. The Dow Jones Industrial Average spiked 1.58 percent to close at 25,709.27 while the S&P 500 Index jumped 1.18 percent to close at 2,779.60. The Nasdaq Composite Index increased 1.15 percent to close at 7,421.46. The Dow and the S&P 500 are now just down 3.4 percent and 3.25 percent, respectively, from their all-time high, while the Nasdaq is just 1.1 percent shy from its peak, according to WSJ Market Data Group.

RDI Initiates Coverage on:

Arista Networks, Inc.
https://rdinvesting.com/news/?ticker=ANET

Ubiquiti Networks, Inc.
https://rdinvesting.com/news/?ticker=UBNT

Arista Networks’ stock jumped 5.66% Monday, to close the day at $259.85. The stock recorded a trading volume of 1,689,081 shares, which was above its three months average volume of 1,103,593 shares. In the last year, Arista Networks’ shares have traded in a range of 117.95 – 311.67. The share price has gained 120.31% 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 $268.36 is greater than its 200-day moving average of $217.95. Shares of Arista Networks are trading at a Price to Earnings ratio of 48.58. Shares of Arista Networks have fallen roughly 8.34 percent in the past month and are up 10.3 percent year-to-date.

Access RDI’s Arista Networks, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ANET

On Monday, shares of Ubiquiti Networks recorded a trading volume of 832,144 shares, which was above the three months average volume of 485,465 shares. The stock ended the day 4.02% higher at 59.29. The share price has gained 29.71% from its 52-week low with a 52-week trading range of 45.71 – 82.30. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $73.34 is greater than its 200-day moving average of $65.38. Shares of the company are trading at a Price to Earnings ratio of 32.67. Shares of Ubiquiti Networks have fallen roughly 26.85 percent in the past month and are down 16.52 percent year-to-date.

Access RDI’s Ubiquiti Networks, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=UBNT

Our Actionable Research on Arista Networks, Inc. (NYSE:ANET) and Ubiquiti Networks, Inc. (NASDAQ:UBNT) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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