ARRIS International plc (ARRS) managed to rebound with the stock climbing 2.13% or $0.61 to close the day at $29.19 on active trading volume of 2.51M shares, compared to its three month average trading volume of 1.59M. The Suwanee Georgia 30024 based company has been outperforming the communication equipment group over the past 52 weeks, with the stock gaining 19.14%, compared to the industry which has advanced 11.58% over the same period. With RSI of 48.3, the stock should still continue to rise and get closer to its one year target estimate of $35, making it a hold for now.
ARRIS International plc provides media entertainment and data communications solutions in the United States and internationally. It operates through two segments, Customer Premises Equipment and Network & Cloud. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and embedded multimedia terminal adapters and voice/data modems that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers. The Network & Cloud segment provides cable modem termination system, converged cable access platform, multichannel video programming distributors, programmer equipment, Ad insertion technologies, and equipment in the ground or on transmission poles, as well as equipment used to initiate the distribution of content-carrying signals. This segment also offers technical support, professional services, and systems integration capabilities; software products that enable providers to deliver user experiences; multiscreen recommendations, offer management, and advertising services; network management products that collect information from the broadband network; and workforce management solutions enabling service providers to efficiently manage and dispatch field technicians, as well as network surveillance and issue correlation software and services. The company was formerly known as ARRIS Group, Inc. and changed its name to ARRIS International plc in January 2016. ARRIS International plc was founded in 1969 and is headquartered in Suwanee, Georgia.
Booz Allen Hamilton Holding Corporation (BAH) fell -0.41% during last trading as the stock lost $-0.14 to finish the day at $33.68 with about 2.51M shares changing hands, compared to its three month average trading volume of 1.53M. The $5.03B market cap company, which fluctuated between $33.4 and $34.2 during the day, currently situated 36.56% above its 52 week low of $25.03 and -12.61% away from its one year high of $38.54. The RSI of 26.03 indicates the stock is oversold at the current levels, buy for now.
Booz Allen Hamilton Holding Corporation provides management and technology, consulting, and engineering services to governments, corporations, and not-for-profit organizations in the United States and internationally. It assists clients in designing cloud architecture solutions, selecting the data that is applicable to storage in the cloud, and developing analytical solutions to gain insights from large data, as well as for developing small and large scale information technology applications, embedded systems, and mobile applications. The company also delivers technical solutions to its clients with core capabilities in command, control, communications, computers, intelligence, surveillance, and reconnaissance. In addition, it provides cyber security capabilities help clients anticipate threats to their networks and data; decision analytics capabilities that offer problem-solving techniques, including simulation, mathematical optimization, queuing theory, and machine learning; and data science analytic capabilities that offer techniques, such as data mining, text mining, statistical analysis, and predictive modeling, as well as analytic tools that support end users by providing access to data, analytic outputs, and visualizations. Further, it offers consulting services in the areas of acquisition, program management, and logistics, as well as human capital and learning’s; and management consulting services in strategy development, organizational design, efficiency, transformation, and other consulting services. Additionally, it provides digital services to help clients overcome digital challenges; develops cyber solutions and disruptive business models to address threats and vulnerabilities against clients’ emerging expanding digital enterprise, Internet of things landscape, and connected platforms; offers analytics solutions across entire client set; and provides directed energy services. The company was founded in 1914 and is headquartered in McLean, Virginia.
Zions Bancorporation (ZION) saw its value increase by 0.64% as the stock gained $0.27 to finish the day at a closing price of $42.46. The stock was lighter in trading and has fluctuated between $19.65-$44.33 per share for the past year. The shares, which traded within a range of $42.35 to $43.3 during the day, are up by 32.11% in the past three months and up by 57.81% over the past six months. It is currently trading -1.12% below its 20 day moving average and 1.01% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $45.8 a share over the next twelve months. The current relative strength index (RSI) reading is 49.28. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.