Stocks To Track: xG Technology, Inc. (XGTI), Keryx Biopharmaceuticals, Inc. (KERX), Investors Bancorp, Inc. (ISBC)

xG Technology, Inc. (XGTI) fell -11.32% during last trading as the stock lost $-0.24 to finish the day at $1.88 with about 1.54M shares changing hands, compared to its three month average trading volume of 2.26M. The $15.79M market cap company, which fluctuated between $1.78 and $1.97 during the day, currently situated 649% above its 52 week low of $1.17 and -62.26% away from its one year high of $34.8. The RSI of 55.24 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

Keryx Biopharmaceuticals, Inc. (KERX) dropped $-0.03 to close the day at a new closing price of $5.45, a -0.55% decrease in value from its previous closing price that moved the stock 75.24% above its 52 week low of $3.11. A total of 1.54M shares exchanged hands during the day compared with its three month average trading volume of 1.61M. The stock, which fluctuated between $5.22 and $5.55 during the day, currently situated -30.13% below its 52 week high. The stock is down by -12.38% in the past one month and up by 23.3% over the past three months. With a one year target estimate of $7.21 and RSI of 49.82, the stock still has upside potential, making it a hold for now.

Keryx Biopharmaceuticals, Inc., a biopharmaceutical company, focuses on providing therapies for patients with renal disease in the United States. Its lead product Auryxia (ferric citrate), an oral, ferric iron-based compound that has the capacity to bind to phosphate in the gastrointestinal tract and form non-absorbable complexes, as well as treats iron deficiency anemia. Auryxia is also used to control serum phosphorus levels in patients with chronic kidney disease on dialysis. The company has licensing and collaboration agreements with Japan Tobacco Inc. and Torii Pharmaceutical Co., Ltd. for the development and commercialization of Auryxia in Japan. It also has strategic alliance with Panion & BF Biotech, Inc. Keryx Biopharmaceuticals, Inc. was founded in 1997 and is headquartered in Boston, Massachusetts.

Investors Bancorp, Inc. (ISBC) had a light trading with around 1.53M shares changing hands compared to its three month average trading volume of 2.57M. The stock traded between $14.33 and $14.48 before closing at the price of $14.46 with 1.97% change on the day. The Short Hills New Jersey 07078 based company is currently trading 37.12% above its 52 week low of $10.67 and -3.15% below its 52 week high of $14.93. Both the RSI indicator and target price of 60.28 and $14.69 respectively, lead us to believe that it should be put on hold over the coming weeks.

Investors Bancorp, Inc. operates as the holding company for Investors Bank that provides community banking products and services to individuals and businesses in the United States. It offers deposit products, such as savings, checking, and money market accounts, as well as certificates of deposit. The company’s loan portfolio includes multi-family, commercial real estate, construction, commercial and industrial, residential mortgage, and consumer and other loans; consumer loans primarily comprising home equity loans, home equity lines of credit, and others; and mortgage loans secured by one-to four-family residential real estate. As of December 31, 2015, the company operated 140 offices located in New Jersey and New York. The company was founded in 1926 and is headquartered in Short Hills, New Jersey.

 

Stocks To Watch: Genworth Financial, Inc. (GNW), xG Technology, Inc. (XGTI), RH (RH)

Genworth Financial, Inc. (GNW) traded within a range of $3.39 to $3.54 after opening the day at $3.52. The company has seen its stock decrease in value by -9.97% so far this year. The stock was down close to -2% on active volume in last trading session and closed at $3.43 per share. After the recent fall, the stock is currently holding -34.91% below its 52 week high of $5.27 and 118.47% above its 12-month low of $1.57. The shares are down by over -14.68% in the last three months, and the RSI indicator value of 37.67 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, as well as bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers, financial intermediaries, employer groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

xG Technology, Inc. (XGTI) continued its upward trend with the stock climbing 0.47% or $0.01 to close the day at $2.12 on light trading volume of 11.06M shares, compared to its three month average trading volume of 2.09M. The Sarasota Florida 34236 based company has been underperforming the wireless communications group over the past 52 weeks, with the stock losing -23.19%, compared to the industry which has advanced 14.05% over the same period. With RSI of 61.53, the stock should still continue to rise and get closer to its one year target estimate of $5, making it a hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

RH (RH) gained $0.74 to close the day at a new closing price of $26.99, a 2.82% increase in value from its previous closing price that moved the stock 9.05% above its 52 week low of $24.75. A total of 9.79M shares exchanged hands during the day compared with its three month average trading volume of 2.01M. The stock, which fluctuated between $25.73 and $27.13 during the day, currently situated -54.29% below its 52 week high. The stock is down by -13.35% in the past one month and down by -7.03% over the past three months. With a one year target estimate of $38.73 and RSI of 38.11, the stock still has upside potential, making it a hold for now.

RH, together with its subsidiaries, engages in the retail of home furnishings. It offers products in various categories, such as furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company sells products through its stores and catalogs, as well as through its Websites, such as restorationhardware.com, rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com. As of October 29, 2016, it operated 85 retail galleries that include 51 legacy galleries, 6 larger format design galleries, 7 next generation design galleries, 1 RH modern gallery, and 5 RH baby & child galleries throughout the United States and Canada; 15 Waterworks showrooms in the United States and the United Kingdom; and 28 outlet stores. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was founded in 1979 and is headquartered in Corte Madera, California.

 

Stock’s Trend Analysis Report: Nordstrom, Inc. (JWN), Clovis Oncology, Inc. (CLVS), xG Technology, Inc. (XGTI)

Nordstrom, Inc. (JWN) fell -0.9% during last trading as the stock lost $-0.4 to finish the day at $43.82 with about 2.35M shares changing hands, compared to its three month average trading volume of 3.48M. The $7.6B market cap company, which fluctuated between $43.37 and $44.55 during the day, currently situated 26.87% above its 52 week low of $35.01 and -29.8% away from its one year high of $62.82. The RSI of 38.06 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, including Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. As of January 12, 2017, the company operated 349 stores in 40 states, including 123 full-line stores in the United States, Canada, and Puerto Rico; 215 Nordstrom Rack stores; 2 Jeffrey boutiques; and 2 clearance stores. Nordstrom, Inc. also sells its products through catalogs. The company was founded in 1901 and is based in Seattle, Washington.

Clovis Oncology, Inc. (CLVS) gained $0.38 to close the day at a new closing price of $65.18, a 0.59% increase in value from its previous closing price that moved the stock 463.35% above its 52 week low of $11.57. A total of 2.33M shares exchanged hands during the day compared with its three month average trading volume of 2.26M. The stock, which fluctuated between $63.35 and $67.16 during the day, currently situated 0.43% above its 52 week high. The stock is up by 46.74% in the past one month and up by 124.14% over the past three months. With a one year target estimate of $55.8 and RSI of 82.37, the stock still has upside potential, making it a sell for now.

Clovis Oncology, Inc., a biopharmaceutical company, focuses on acquiring, developing, and commercializing anti-cancer agents in the United States, Europe, and internationally. It is developing three product candidates, which include Rociletinib, an oral epidermal growth factor receptor and mutant-selective covalent inhibitor that is under review with the U.S. and E.U. regulatory authorities for the treatment of non-small cell lung cancer; Rucaparib, an oral inhibitor of poly polymerase, which is in advanced clinical development for the treatment of ovarian cancer; and Lucitanib, an oral inhibitor of the tyrosine kinase that is in Phase II development for the treatment of breast cancers. It has license agreements with Advenchen Laboratories LLC, Avila Therapeutics, Inc., and Pfizer Inc.; collaboration and license agreement with Les Laboratoires Servier; a drug discovery collaboration agreement with Array BioPharma Inc.; and collaboration with Foundation Medicine, Inc. Clovis Oncology, Inc. was founded in 2009 and is headquartered in Boulder, Colorado.

xG Technology, Inc. (XGTI) had a active trading with around 2.32M shares changing hands compared to its three month average trading volume of 2.06M. The stock traded between $1.74 and $2.12 before closing at the price of $2.11 with 23.39% change on the day. The Sarasota Florida 34236 based company is currently trading 740.64% above its 52 week low of $1.17 and -57.65% below its 52 week high of $34.68. Both the RSI indicator and target price of 61.38 and $5 respectively, lead us to believe that it should be put on hold over the coming weeks.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

 

Traders Watch list: Antero Resources Corporation (AR), VCA Inc. (WOOF), xG Technology, Inc. (XGTI)

Antero Resources Corporation (AR) saw its value decrease by -0.66% as the stock dropped $-0.17 to finish the day at a closing price of $25.45. The stock was higher in trading and has fluctuated between $19.97-$30.66 per share for the past year. The shares, which traded within a range of $25.27 to $25.83 during the day, are down by -7.49% in the past three months and down by -5.14% over the past six months. It is currently trading 4.03% above its 20 day moving average and 2.16% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $33.96 a share over the next twelve months. The current relative strength index (RSI) reading is 56.7.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2015, the company had 569,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It also owned and operated 182 miles of gas gathering pipelines in the Marcellus Shale; and 110 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources Corporation is a subsidiary of Antero Resources Investment LLC.

VCA Inc. (WOOF) shares were down in last trading by -0.3% to $90.98. It experienced higher than average volume on day. The stock increased in value by almost 0.21% over the past week and grew 40.38% in the past month. It is currently trading 34.85% above its 50 day moving average and 35.94% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.66% decrease in value from its one year high of $91.58. The RSI indicator value of 92.8, lead us to believe that it may reverse gains in the near term.

VCA Inc. operates as an animal healthcare company in the United States and Canada. It operates in two segments, Animal Hospital and Laboratory. The Animal Hospital segment offers general medical and surgical services for companion animals, as well as specialized treatments comprising diagnostic, internal medicine, oncology, neurology, endocrinology, ophthalmology, dermatology, and cardiology services; and sells related retail and pharmaceutical products. It also provides specialty pet products, including pet food, vitamins, therapeutic shampoos and conditioners, flea collars and sprays, and other accessory products; and additional services, such as grooming, bathing, and boarding services. In addition, this segment performs various pet wellness programs, such as health examinations, diagnostic testing, routine vaccinations, spaying, neutering, and dental care. As of December 31, 2015, it operated or managed 682 animal hospitals. The Laboratory segment offers testing and consulting services used by veterinarians in the detection, diagnosis, evaluation, monitoring, treatment, and prevention of diseases and other conditions affecting animals. This segment serves animal hospitals, animal practices, universities, and other government organizations. It operated a network of 60 laboratories. VCA Inc. also sells digital radiography and ultrasound imaging equipment, related computer hardware, software, and ancillary services to the veterinary market, as well as provides education and training, consulting, and mobile imaging services; and franchises pet services, including dog day care, overnight boarding, grooming, and other ancillary services at pet care facilities. The company was formerly known as VCA Antech, Inc. and changed its name to VCA Inc. in June 2014. VCA Inc. was founded in 1986 and is headquartered in Los Angeles, California.

xG Technology, Inc. (XGTI) opening the day at $2.45. The company has seen its stock increase in value by 51.85% so far this year. The stock was down close to -6.39% on active volume in last trading session and closed at $2.05 per share. After the recent fall, the stock is currently holding -58.85% below its 52 week high of $34.68 and 716.73% above its 12-month low of $1.17. The shares are up by over 386.94% in the last three months, and the RSI indicator value of 59.24 is neither bullish nor bearish, tempting investors to stay on the sidelines.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

 

Trader’s Round Up: The Walt Disney Company (DIS), xG Technology, Inc. (XGTI), Activision Blizzard, Inc. (ATVI)

The Walt Disney Company (DIS) grew with the stock adding 0.49% or $0.53 to close at $108.06 on light trading volume of 6.47M compared its three months average trading volume of 8.25M. The Burbank California 91521 based company operating under the Entertainment – Diversified industry has been trending up for the last 52 weeks, with the shares price now 10.67% up for the period and up by 3.68% so far this year. With price target of $109.59 and a 27.17% rebound from 52-week low, The Walt Disney Company has plenty of upside potential, making it a hold with a view buy.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California. This segment also operates Disney Resort & Spa in Hawaii, Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and manages Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. The company’s Studio Entertainment segment produces and acquires live-action and animated motion pictures for distribution in the theatrical, home entertainment, and television markets primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm, and Touchstone banners. This segment also produces stage plays and musical recordings; licenses and produces live entertainment events; and provides visual and audio effects, and other post-production services. Its Consumer Products & Interactive Media segment licenses its trade names, characters, and visual and literary properties; develops and publishes games for mobile platforms; and sells its products through The Disney Store, DisneyStore.com, and MarvelStore.com, as well as directly to retailers. The company was founded in 1923 and is based in Burbank, California.

xG Technology, Inc. (XGTI) gained $0.07 to close the day at a new closing price of $2.19, a 3.3% increase in value from its previous closing price that moved the stock 772.51% above its 52 week low of $1.17. A total of 6.46M shares exchanged hands during the day compared with its three month average trading volume of 2.14M. The stock, which fluctuated between $1.75 and $2.55 during the day, currently situated -56.04% below its 52 week high. The stock is up by 514.48% in the past one month and up by 584.38% over the past three months. With a one year target estimate of $5 and RSI of 61.99, the stock still has upside potential, making it a hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

Activision Blizzard, Inc. (ATVI) shares were down in last trading by -0.46% to $38.95. It experienced lighter than average volume on day. The stock increased in value by almost 2.74% over the past week and grew 4.37% in the past month. It is currently trading 2.49% above its 50 day moving average and -1.25% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -14.49% decrease in value from its one year high of $45.55. The RSI indicator value of 63.87, lead us to believe that it is a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

 

Investor’s Alert: PayPal Holdings, Inc. (PYPL), xG Technology, Inc. (XGTI), Palatin Technologies, Inc. (PTN)

PayPal Holdings, Inc. (PYPL) managed to rebound with the stock climbing 0.49% or $0.2 to close the day at $41.28 on lower than average trading volume of 4.42M shares, compared to its three month average trading volume of 7.93M. The San Jose California 95131 based company has been outperforming the credit services companies by 5.231% for last three months and its recent gains have pushed the stock slightly up 4.59% YTD, versus the credit services industry which is up 3.7% for the same period. The RSI of 62.45 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, and Xoom products. The company’s platform allows customers to pay and get paid, transfer and withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

xG Technology, Inc. (XGTI) had a active trading with around 4.42M shares changing hands compared to its three month average trading volume of 2.07M. The stock traded at the price of $2.19 with -13.44% change on the day. The Sarasota Florida 34236 based company is currently trading 772.51% above its 52 week low of $1.17 and -56.04% below its 52 week high of $34.68. Both the RSI indicator and target price of 62.44 and $5 respectively, lead us to believe that it should be put on hold over the coming weeks.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

Palatin Technologies, Inc. (PTN) traded within a range of $0.48 to $0.52 after opening the day at $0.52. The company has seen its stock decrease in value by -1.01% so far this year. The stock was down close to -3.47% on active volume in last trading session and closed at $0.5 per share. After the recent fall, the stock is currently holding -44.35% below its 52 week high of $0.9 and 37.14% above its 12-month low of $0.36. The shares are down by over -16.67% in the last three months, and the RSI indicator value of 45.61 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted, receptor-specific peptide therapeutics for the treatment of various diseases in the United States. The company’s principal product is Bremelanotide, an as needed subcutaneous injectable peptide melanocortin receptor agonist, which is in the Phase III clinical studies for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). Its drug development programs also include Melanocortin receptor-4 (MC4r) peptides and small molecule agonists that are under the preclinical trials for the treatment of conditions responsive to MC4r activation, including female sexual dysfunction, HSDD, erectile dysfunction, obesity, and diabetes; and Melanocortin receptor-1 peptide agonists, which are under preclinical studies for the treatment of inflammatory and dermatologic disease indications, as well as other Melanocortin receptors. In addition, the company is involved in the development of natriuretic peptide receptor-specific programs, including PL-3994, a natriuretic peptide receptor-A, which is in Phase II clinical studies for treatment of heart failure, acute exacerbations of asthma, and refractory hypertension. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

 

Trader Alert: Southwestern Energy Company (SWN), Regions Financial Corporation (RF), xG Technology, Inc. (XGTI)

Southwestern Energy Company (SWN) grew with the stock adding 2.26% or $0.22 to close at $9.97 on light trading volume of 15.84M compared its three months average trading volume of 16.53M. The Spring Texas 77389 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 52.45% up for the period and down by -7.86% so far this year. With price target of $13.69 and a 88.11% rebound from 52-week low, Southwestern Energy Company has plenty of upside potential, making it a hold with a view buy.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Regions Financial Corporation (RF) gained $0.19 to close the day at a new closing price of $14.56, a 1.32% increase in value from its previous closing price that moved the stock 113.33% above its 52 week low of $7. A total of 15.78M shares exchanged hands during the day compared with its three month average trading volume of 22.35M. The stock, which fluctuated between $14.32 and $14.67 during the day, currently situated -1.15% below its 52 week high. The stock is up by 0.07% in the past one month and up by 41.05% over the past three months. With a one year target estimate of $14.48 and RSI of 61.88, the stock still has upside potential, making it a hold for now.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The company’s Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. Its Wealth Management segment offers wealth management products and services, including credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and personal and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. The company also provides insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health, and accident insurance, as well as commercial crop, life, and environmental insurance; and commercial equipment financing products, as well as offers securities, insurance, and advisory services through financial consultants. In addition, it offers securities brokerage, merger and acquisition advisory, trust, and other specialty financing services. As of December 31, 2015, the company operated 1,627 banking offices and 1,962 ATMs in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

xG Technology, Inc. (XGTI) shares were up in last trading by 33.16% to $2.53. It experienced higher than average volume on day. The stock increased in value by almost 61.15% over the past week and grew 622.86% in the past month. It is currently trading 243.87% above its 50 day moving average and 191.59% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -49.22% decrease in value from its one year high of $34.68. The RSI indicator value of 69.07, lead us to believe that it is a hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

 

Stocks In Queue: Yahoo! Inc. (YHOO), xG Technology, Inc. (XGTI), Celgene Corporation (CELG)

Yahoo! Inc. (YHOO) climbed 0.27% during last trading as the stock added $0.11 to finish the day at $41.34 with about 7.8M shares changing hands, compared to its three month average trading volume of 9.78M. The $39.55B market cap company, currently situated 58.09% above its 52 week low of $26.15 and -7.97% away from its one year high of $44.92. The RSI of 61.1 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Yahoo! Inc., together with its subsidiaries, provides search and display advertising services on Yahoo properties and affiliate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which enables users to connect, communicate, and share experiences in real-time. It also provides digital content products, including Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, as well as Tumblr messaging that enables users to engage with other users that share their same interests and passions. In addition, the company provides advertiser products, such as Yahoo Gemini, a marketplace for search and native advertising; and BrightRoll, which offers a suite of media-agnostic tools to enable advertisers, publishers, and partners connect with users across ad formats and devices. Further, it offers advertising formats; and digital advertising products, such as Yahoo native, Yahoo video, Yahoo premium, and Yahoo audience ads. Additionally, the company offers Yahoo Mobile Developer suite consisting of Flurry Analytics, Yahoo App Publishing, Yahoo App Marketing, and Tumblr In-App Sharing tools to measure, monetize, advertise, and improve their apps. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, California.

xG Technology, Inc. (XGTI) gained $0.24 to close the day at a new closing price of $1.9, a 14.46% increase in value from its previous closing price that moved the stock 656.97% above its 52 week low of $1.17. A total of 7.77M shares exchanged hands during the day compared with its three month average trading volume of 1.73M. The stock, currently situated -61.86% below its 52 week high. The stock is up by 393.51% in the past one month and up by 415.04% over the past three months. With a one year target estimate of $5 and RSI of 62.19, the stock still has upside potential, making it a hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

Celgene Corporation (CELG) had a active trading with around 7.73M shares changing hands compared to its three month average trading volume of 4.69M. The stock traded at the price of $120.21 with 0.48% change on the day. The Summit New Jersey 07901 based company is currently trading 29.19% above its 52 week low of $93.05 and -5.35% below its 52 week high of $127. Both the RSI indicator and target price of 61.49 and $138.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

Celgene Corporation discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases worldwide. It markets REVLIMID, an oral immunomodulatory drug for multiple myeloma, myelodysplastic syndromes (MDS), and mantle cell lymphoma; ABRAXANE, a solvent-free chemotherapy product to treat breast, non-small cell lung, pancreatic, and gastric cancers; POMALYST/IMNOVID to treat multiple myeloma; and OTEZLA, a small-molecule inhibitor of phosphodiesterase 4 for psoriatic arthritis, psoriasis, ankylosing spondylitis, Behçet’s disease, atopic dermatitis, and ulcerative colitis. The company’s products also include VIDAZA, a pyrimidine nucleoside analog to treat intermediate-2 and high-risk MDS, and chronic myelomonocytic leukemia, as well as acute myeloid leukemia (AML); THALOMID for the patients with multiple myeloma and erythema nodosum leprosum; ISTODAX to treat cutaneous and peripheral T-cell lymphoma; and FOCALIN, FOCALIN XR, and RITALIN products. Its clinical stage products include OTEZLA for the treatment of various immune-inflammatory diseases; sotatercept for the treatment of renal anemia, beta-thalassemia and MDS; luspatercept for beta-thalassemia and MDS; CC-486 to treat MDS, AML, and solid tumors; CC-122 and CC-220 to treat hematological and solid tumor cancers, and inflammation and immunology diseases; PDA-002 for the treat diabetic foot ulcers and peripheral neuropathy; and PNK-007 for hematological malignancies treatment. The company has collaborative agreements with Novartis Pharma AG; Acceleron Pharma; Agios Pharmaceuticals, Inc.; Epizyme Inc.; Sutro Biopharma, Inc.; bluebird bio, Inc.; FORMA Therapeutics Holdings, LLC; Acetylon Pharmaceuticals, Inc.; OncoMed Pharmaceuticals, Inc.; NantBioScience, Inc.; AstraZeneca PLC; Lycera Corp.; Juno Therapeutics, Inc.; TriNetX, Inc.; Triphase Accelerator Corporation; Nurix Inc.; Abbott; Sage Bionetworks; and PharmAkea Inc. The company was founded in 1980 and is headquartered in Summit, New Jersey.

 

Stock’s Trend Analysis Report: Dick’s Sporting Goods, Inc. (DKS), Microchip Technology Incorporated (MCHP), xG Technology, Inc. (XGTI)

Dick’s Sporting Goods, Inc. (DKS) fell -1.34% during last trading as the stock lost $-0.74 to finish the day at $54.44 with about 2.73M shares changing hands, compared to its three month average trading volume of 1.98M. The $6.05B market cap company, which fluctuated between $52.55 and $54.51 during the day, currently situated 64.75% above its 52 week low of $33.44 and -13.31% away from its one year high of $62.88. The RSI of 44.04 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories. The company also owns and operates Golf Galaxy, Field & Stream, Chelsea Collective, and True Runner specialty concept stores; and e-commerce Websites, such as DICKS.com, golfgalaxy.com, fieldandstreamshop.com, and caliastudio.com. As of November 14, 2016, it operated approximately 679 Dick’s Sporting Goods stores, 73 Golf Galaxy stores, and 19 Field & Stream stores. The company was formerly known as Dick’s Clothing and Sporting Goods, Inc. and changed its name to Dick’s Sporting Goods, Inc. in April 1999. Dick’s Sporting Goods, Inc. was founded in 1948 and is headquartered in Coraopolis, Pennsylvania.

Microchip Technology Incorporated (MCHP) dropped $-1.23 to close the day at a new closing price of $62.59, a -1.93% decrease in value from its previous closing price that moved the stock 64.9% above its 52 week low of $39.01. A total of 2.71M shares exchanged hands during the day compared with its three month average trading volume of 2.08M. The stock, currently situated -6.32% below its 52 week high. The stock is down by -1.01% in the past one month and up by 1.31% over the past three months. With a one year target estimate of $70.19 and RSI of 41.6, the stock still has upside potential, making it a hold for now.

Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications. The company offers microcontrollers, such as 8-bit, 16-bit, and 32-bit microcontrollers under the PIC brand name; and microcontrollers for automotive networking, computing, lighting, power supplies, motor control, wired connectivity, and wireless connectivity. It also provides development tools that enable system designers to program PIC microcontrollers for specific applications; analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, RF, drivers, safety and security, USB, Ethernet, wireless, and other interface products; and memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, and serial SRAM memories for the production of very small footprint devices. In addition, the company licenses its SuperFlash embedded flash and Smartbits one time programmable NVM technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, and analog products that require embedded non-volatile memory, as well as provides engineering services. It serves automotive, communications, computing, consumer, office automation, telecommunication, aerospace, defense, safety, security, medical, and industrial control markets. The company sells its products through a network of direct sales personnel and distributors in the Americas, Europe, and Asia. Microchip Technology Incorporated was founded in 1989 and is headquartered in Chandler, Arizona.

xG Technology, Inc. (XGTI) had a active trading with around 2.7M shares changing hands compared to its three month average trading volume of 1.69M. The stock traded at the price of $1.64 with 1.23% change on the day. The Sarasota Florida 34236 based company is currently trading 553.39% above its 52 week low of $1.17 and -67.08% below its 52 week high of $34.68. Both the RSI indicator and target price of 58.65 and $5 respectively, lead us to believe that it should be put on hold over the coming weeks.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

 

Stocks Under Consideration: Hewlett Packard Enterprise Company (HPE), AbbVie Inc. (ABBV), xG Technology, Inc. (XGTI)

Hewlett Packard Enterprise Company (HPE) grew with the stock adding 0.17% or $0.04 to close at $23.34 on active trading volume of 5.15M compared its three months average trading volume of 11.42M. The Palo Alto California 94304 based company has been trending up for the last 52 weeks, with the shares price now 54.54% up for the period and up by 55.35% so far this year. With price target of $24.64 and a 103.13% rebound from 52-week low, Hewlett Packard Enterprise Company has plenty of upside potential, making it a hold with a view buy.

Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Software, Enterprise Services, and Financial Services segments. The Enterprise Group segment offers industry standard servers and mission-critical servers to address the array of its customers’ computing needs; converged storage solutions, including 3PAR StoreServ, StoreOnce, all-flash arrays, and software defined and StoreVirtual products; wireless local area network equipment, mobility and security software, switches, routers, and network management products; and support and technology consulting services. The Software segment offers software to capture, store, explore, analyze, protect, and share information and insights within and outside organizations; HP Vertica, an analytics database technology for machine, structured, and semi-structured data; and HP IDOL, an analytics tool for human information, as well as solutions for archiving, data protection, eDiscovery, information governance, and enterprise content management. This segment also provides application delivery management, enterprise security, and IT operations management software products. The Enterprise Services segment offers technology consulting, outsourcing, and support services in infrastructure, applications, and business process domains within traditional and strategic enterprise service (SES) offerings, which include analytics and data management, security, and cloud services. The Financial Services segment provides leasing, financing, IT consumption and utility programs, and asset management services. The company markets and sells its products through resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company is headquartered in Palo Alto, California.

AbbVie Inc. (ABBV) had a light trading with around 4.99M shares changing hands compared to its three month average trading volume of 7.57M. The stock traded between $62.39 and $63.06 before closing at the price of $62.73 with 0.74% change on the day. The North Chicago Illinois 60064 based company is currently trading 27.15% above its 52 week low of $50.71 and -7.06% below its 52 week high of $68.12. Both the RSI indicator and target price of  and $70 respectively, lead us to believe that it could rise over the coming weeks.

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for adults with genotype 1 chronic hepatitis, including those with compensated cirrhosis. It also provides Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in HIV-1 patients; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and Synagis to prevent respiratory syncytial virus infection in high risk infants. In addition, the company offers AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, and endometriosis and central precocious puberty, as well as for the treatment of patients with anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson’s disease; Sevoflurane, an anesthesia product for human use; TriCor, Trilipix, and Niaspan to treat metabolic conditions characterized by high cholesterol and/or high triglycerides; and Zemplar to treat secondary hyperparathyroidism. The company sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses. AbbVie Inc. has strategic collaboration with C2N Diagnostics; Calico Life Sciences LLC; Infinity Pharmaceuticals, Inc.; Ablynx NV; Galapagos NV; and Alvine Pharmaceuticals, Inc. The company was incorporated in 2012 and is based in North Chicago, Illinois.

xG Technology, Inc. (XGTI) saw its value increase by 10.08% as the stock gained $0.13 to finish the day at a closing price of $1.42. The stock was higher in trading and has fluctuated between $1.17-$34.68 per share for the past year. The shares, which traded within a range of $1.17 to $1.67 during the day, are up by 306.53% in the past three months and up by 23.48% over the past six months. It is currently trading 60.29% above its 20 day moving average and 147.87% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $5 a share over the next twelve months. The current relative strength index (RSI) reading is 56.13.The technical indicator lead us to believe there will be no major movement any time soon, hold.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.