|Day Low/High||5.21 / 5.41|
|52 Wk Low/High||5.01 / 9.05|
The most recent short interest data has been released for the 10/13/2017 settlement date, which shows a 295,283 share decrease in total short interest for Sonus Networks Inc , to 624,568, a decrease of 32.10% since 09/29/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CVX, IIJI, LOB, PSMT, SONS, THR, WIRE Downgrades: GRIF, SCG, SPKE Initiations: VVV Read on to get TheStreet Quant Ratings' detailed report:
In recent trading, shares of Sonus Networks, Inc. have crossed above the average analyst 12-month target price of $7.83, changing hands for $7.93/share.
With the Largest Portfolio of Microsoft Skype for Business Server Certified Session Border Controllers on the Market
Form S-4 Registration Statement Declared Effective by SEC
SBC SWe Provides Federal and Government Agencies with Carrier-Grade Resiliency, Scale and Security in a Compact Virtual Footprint
Full Integration of Sonus' Centralized Policy and Routing Engine into the Sonus T7000 Simplifies Network Management and Lowers Costs
Entire Sonus SBC Core Portfolio Certified to Provide Best-in-Class Performance
New Enterprise Communication Solution Helps Customers Reduce VoIP Networks Cost, Complexity and Security Vulnerabilities
Latest Service Offering Provides Expert Oversight for Today's Converged Networks
Sonus SBC Software Edition to Support Fully Virtualized, Cloud-Based SIP Services
Real-Time Communications Security Leader Joins Forces with Leader in High-Performance Cybersecurity Solutions
Sonus Delivers Secure, Simple Migrations to Microsoft Office 365 Cloud PBX with the Broadest Portfolio of Skype for Business Qualified Solutions
Sonus Cited for Comprehensive Security Strategy, Enterprise Session Border Controller Performance, and Overall Customer Impact
New Solution to Link Sonus SBCs and NGFWs - Raising the Trust Level of Unified Communications and Improving Enterprises' Security Posture
It was a busy week of moves in the portfolio as we head into the latter half of the second quarter.
We initiated one new position and exited another last week, while several other names reported earnings.
During a busy week of earnings and data, we exited 2 positions and initiated a small one.
Sonus Networks posted less disappointed than expected earnings.
In trading on Wednesday, shares of Sonus Networks, Inc. crossed above their 200 day moving average of $7.15, changing hands as high as $7.44 per share.
Plus, comments on Amplify Snack Brands in light of Pepsi's results.
We exited one position and downgraded another as earnings season heated up.
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