Gigamon Inc. (GIMO) retreated with the stock falling -28.72% or $-12.65 to close at $31.4 on light trading volume of 12.96M compared its three months average trading volume of 844.82K. The Santa Clara California 95054 based company operating under the Networking & Communication Devices industry has been trending up for the last 52 weeks, with the shares price now 41.19% up for the period and down by -31.06% so far this year. With price target of $60.14 and a 47.9% rebound from 52-week low, Gigamon Inc. has plenty of upside potential, making it a hold with a view buy.
Gigamon Inc. designs, develops, and sells products and services that provide customers with visibility and control of network traffic for enterprises and services providers in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers traffic visibility fabric solutions consisting of network traffic intelligence, such as controls for traffic selection, forwarding, manipulation, modification, de-duplication, SSL decryption, correlation, sampling, and generation of flow records. The company also provides Flow Mapping technology that identifies and directs incoming traffic to single or various tools based on user-defined rules that could be managed from a centralized management console; and GigaSMART platform, which offers a range of software applications to modify, manipulate, transform, filter, correlate, and sample network traffic. Its products include GigaVUE product family that provides end-user customers to design visibility fabric architectures optimized for a range of scale and performance requirements from monitoring in virtualized server environments, as well as to 1 gigabit appliances to multi-terabit chassis-based solutions. The company also offers ongoing technical support services with hardware and software products, including ongoing maintenance services for hardware and software, which enable the customers to receive ongoing software updates, bug fixes, and repairs; and replacement services for defective hardware. It sells its products directly through direct sales force and a network of channel partners. The company was founded in 2004 and is headquartered in Santa Clara, California.
Verizon Communications Inc. (VZ) dropped $-0.49 to close the day at a new closing price of $52.25, a -0.93% decrease in value from its previous closing price that moved the stock 24.5% above its 52 week low of $44.43. A total of 12.93M shares exchanged hands during the day compared with its three month average trading volume of 14.62M. The stock, which fluctuated between $52.21 and $52.83 during the day, currently situated -5.27% below its 52 week high. The stock is up by 1.93% in the past one month and up by 4.72% over the past three months. With a one year target estimate of $52.82 and RSI of 52.28, the stock still has upside potential, making it a hold for now.
Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The companys Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.
Twitter, Inc. (TWTR) shares were up in last trading by 0.88% to $17.11. It experienced lighter than average volume on day. The stock decreased in value by almost -1.5% over the past week and fell -8.94% in the past month. It is currently trading -4.94% below its 50 day moving average and -2.63% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -32.24% decrease in value from its one year high of $25.25. The RSI indicator value of 44.01, lead us to believe that it is a hold for now.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.