TMCnet News
Communication Services Stocks on Investors' Radar -- BlackBerry, Vonage, SBA Communications, and Iridium CommunicationsNEW YORK, December 16, 2016 /PRNewswire/ -- Companies in the Diversified Communication Services space provide communication technologies that span beyond the walls of just telecom. These firms can focus on the consumer segment, the business segment, or both. The majority of the stocks in this category tend to pay below average yields. In today's pre-market research, Stock-Callers.com takes a look at the following equities: BlackBerry Ltd (NASDAQ: BBRY), Vonage Holdings Corp. (NYSE: VG), SBA Communications Corp. (NASDAQ: SBAC), and Iridium Communications Inc. (NASDAQ: IRDM). Learn more about these stocks by downloading their comprehensive and free reports at: http://stock-callers.com/registration BlackBerry At the close on Thursday, shares in Canada headquartered BlackBerry Ltd saw a slight decline of 0.91%, ending the day at $7.63. The stock recorded a trading volume of 6.05 million shares, which was above its three months average volume of 4.18 million shares. The Company's shares have advanced 1.46% in the last one month and 5.83% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.36% and 3.43%, respectively. Moreover, shares of BlackBerry, which designs, manufactures, and markets wireless solutions for the mobile communications market worldwide, have a Relative Strength Index (RSI) of 52.22. On December 15th, 2016, BlackBerry and TCL Communication Technology Holdings Limited announced that they have entered into a long-term licensing agreement. Under the terms of the agreement, BlackBerry will license its security software and service suite, as well as related brand assets to TCL Communication who will design, manufacture, sell and provide customer support for BlackBerry-branded mobile devices. BBRY complete research report is just a click away and free at: http://stock-callers.com/registration/?symbol=BBRY
Shares in New Jersey headquartered Vonage Holdings Corp. ended the day 0.75% lower at $6.66 with a total trading volume of 2.41 million shares. The stock has gained 1.22% in the past month, 4.88% in the previous three months, and 16.03% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 1.64% and 18.72%, respectively. Furthermore, shares of Vonage Holdings, which provides communications services connecting people through cloud-connected devices worldwide, have an RSI of 50.92. On December 13th, 2016, Vonage announced that it was recently granted its first patent for Nexmo since acquiring the company in June 2016. The newly-issued patent (US Patent No. 9,485,169) covers Vonage's proprietary Adaptive Routing™ solution, providing users with improved deliverability, latency, and stability when using Nexmo contextual communications services to send and receive text messages. Vonage now owns 146 US patents, with nearly 200 U.S. patent applications pending. The complimentary report on VG can be downloaded at:
On Thursday, shares in Florida headquartered SBA Communications Corp. finished 0.59% higher at $101.96 with a total trading volume of 614,351 shares. The stock has advanced 5.5% in the last one month. The Company's shares are trading below their 50-day moving average by 3.21%. Additionally, shares of SBA Communications, which owns and operates wireless communications tower structures, rooftops, and other structures that support antennas used for wireless communications in the US and its territories, South America, Central America, and Canada, have an RSI of 51.28. On December 06th, 2016, research firm Macquarie initiated a 'Neutral' rating on the Company's stock. On December 09th, 2016, SBA Communications announced that it has filed with the SEC a definitive proxy statement/prospectus for a special meeting of its shareholders for the purpose of its shareholders considering and voting on a proposal to approve the Agreement and Plan of Merger, dated November 10th, 2016, between SBA and its wholly owned subsidiary, SBA Communications REIT Corporation. The meeting will be held on January 12th, 2017 at 2:00 p.m., local time, at SBA's corporate office located at 8051 Congress Avenue, Boca Raton, Florida 33487. Sign up for your complimentary research report on SBAC at: http://stock-callers.com/registration/?symbol=SBAC
Virginia headquartered Iridium Communications Inc.'s shares recorded a trading volume of 727,064 shares at the end of yesterday's session. The stock closed the day 3.09% higher at $10.00. The Company's shares have advanced 16.28% in the last one month, 34.23% over the previous three months, and 18.91% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 15.49% and 20.56%, respectively. Additionally, shares of Iridium Communications, which provides mobile voice and data communications services through satellite to businesses, the US and foreign governments, non-governmental organizations, and consumers worldwide, have an RSI of 70.82. On November 30th, 2016, Iridium announced the restructuring of its longstanding operations and maintenance relationship with Boeing. Under the agreement, Iridium is expected to hire the majority of the Boeing team that currently supports Iridium by performing operations and maintenance on Iridium's satellites, beginning January 03rd, 2017. In addition, Iridium will enter into a separate development services contract with Boeing. Get free access to your research report on IRDM at: http://stock-callers.com/registration/?symbol=IRDM -- Stock Callers: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. PRESS RELEASE PROCEDURES: The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. NOT AN OFFERING This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/ CONTACT
SOURCE Chelmsford Park SA 
|