Viavi Solutions Inc. (VIAV) grew with the stock adding 1.32% or $0.14 to close at $10.76 on active trading volume of 4.82M compared its three months average trading volume of 2.53M. The Milpitas California 95035 based company operating under the Communication Equipment industry has been trending up for the last 52 weeks, with the shares price now 76.1% up for the period and up by 31.54% so far this year. With price target of $9.46 and a 82.37% rebound from 52-week low, Viavi Solutions Inc. has plenty of upside potential, making it a hold with a view buy.
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software and services to design, build, activate, certify, troubleshoot, and optimize networks. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects comprising project management, installation, and implementation, as well as product and technology training, and consulting services. The Service Enablement segment provides embedded systems and enterprise performance management solutions for communication service providers and enterprises with visibility into network, service, and application. This segment’s solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The Optical Security and Performance Products segment provides optical security solutions with a strategic focus on serving the anti-counterfeiting market through advanced security pigments, thread substrates, and printed features for the currency, pharmaceutical, and consumer electronic sectors. This segment also offers thin-film coating solutions for 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1979 and is headquartered in Milpitas, California.
Whole Foods Market, Inc. (WFM) gained $0.34 to close the day at a new closing price of $30.72, a 1.12% increase in value from its previous closing price that moved the stock 12.06% above its 52 week low of $27.67. A total of 4.75M shares exchanged hands during the day compared with its three month average trading volume of 4.84M. The stock, which fluctuated between $30.36 and $30.89 during the day, currently situated -12.47% below its 52 week high. The stock is down by -0.84% in the past one month and down by -3.65% over the past three months. With a one year target estimate of $29.6 and RSI of 54.22, the stock still has upside potential, making it a hold for now.
Whole Foods Market, Inc. operates natural and organic foods supermarkets. Its stores offers produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. As of November 2, 2016, the company operated 464 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.
GigPeak, Inc. (GIG) shares were up in last trading by 0.33% to $3.06. It experienced higher than average volume on day. The stock increased in value by almost 22.4% over the past week and grew 14.61% in the past month. It is currently trading 17.76% above its 50 day moving average and 28.89% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0% decrease in value from its one year high of $3.06. The RSI indicator value of 78.14, lead us to believe that it may reverse gains in the near term.
GigPeak, Inc. provides semiconductor ICs and software solutions for high-speed connectivity and video compression over the network and the cloud. The company designs, develops, and supplies analog, digital, and mixed signal components to enable high speed information streaming over the telecom networks, datacom infrastructure, and consumer electronics links. It offers a portfolio of modulator drivers and transimpedance amplifiers, and driver solutions to interface with the Lithium Niobate and Indium Phosphide optical modulators; optical, analog, and mixed signal solutions for high-speed data transmission products; wireless RF and MMIC products, including integrated broadband transceivers, transmitters, receivers, amplifiers, power detectors, and delay elements for microwave, millimeter- wave, and GNSS applications; and structured ASIC products to low geometry high end standard cells. The company’s industrial product line provides various digital and mixed-signal application specific integrated circuit solutions for industrial applications used in the military, avionics, medical, and communications markets. It markets and sells its products in Asia, North America, Europe, and internationally through direct sales force, distributors, and sales representatives. The company was formerly known as GigOptix, Inc. and changed its name to GigPeak, Inc. in April 2016. GigPeak, Inc. was founded in 2007 and is headquartered in San Jose, California.