Today’s Research Reports on Trending Tickers: Net Element and Finisar

NEW YORK, NY / ACCESSWIRE / April 6, 2018 / U.S. markets ended higher on Thursday for their third straight daily gain as technology stocks recover from a series of shortcomings. The Dow Jones Industrial Average rose to 24,505.22, an increase of 0.99 percent, while the S&P 500 Index gained 0.69 percent to close at 2,662.84, led by a 1.8% gain for energy as crude prices gained, and a 1.9% climb in the materials sector. The Nasdaq Composite Index jumped 0.49 percent to close at 7,076.55. Gains in the Nasdaq were short as weakness in chip makers pressured the overall technology sector.

RDI Initiates Coverage on:

Net Element, Inc.
https://rdinvesting.com/news/?ticker=NETE

Finisar Corporation
https://rdinvesting.com/news/?ticker=FNSR

Net Element’s stock jumped 32.98% Thursday, to close the day at $8.87. The stock recorded a trading volume of 4,021,856 shares, which was above its three months average volume of 756,231 shares. In the last year, Net Element’s shares have traded in a range of 2.60 – 33.51. The share price has gained 241.15% 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 $7.53 is greater than its 200-day moving average of $7.04. Shares of Net Element have gained roughly 68.31 percent in the past month and are down 20.31 percent year-to-date.

Access RDI’s Net Element, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=NETE

On Thursday, shares of Finisar recorded a trading volume of 10,254,596 shares, which was above the three months average volume of 4,594,806 shares. The stock ended the day 6.26% higher at 15.62. The stock is currently trading 46.12% below its 52-week high with a 52-week trading range of 14.25 – 28.99. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $17.82 is below its 200-day moving average of $19.88. Shares of Finisar are trading at a Price to Earnings ratio of 17.63. Shares of Finisar have fallen roughly 16.87 percent in the past month and are down 23.24 percent year-to-date.

Access RDI’s Finisar Corporation Research Report at:
https://rdinvesting.com/news/?ticker=FNSR

Our Actionable Research on Net Element, Inc. (NASDAQ:NETE) and Finisar Corporation (NASDAQ:FNSR) 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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