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Communication Equipment Stocks Under Scanner -- Infinera, Acacia Communications, Infoblox, and CommScope

NEW YORK, November 8, 2016 /PRNewswire/ --

On Monday, November 07, 2016, the NASDAQ Composite ended the trading session at 5,166.17, climbing 2.37%; the Dow Jones Industrial Average advanced 2.08%, to finish at 18,259.60; and the S&P 500 closed at 2,131.52, higher by 2.22%. The gains were broad based as all the sectors ended the session in positive. has initiated reports coverage on the following Communication Equipment equities: Infinera Corporation (NASDAQ: INFN), Acacia Communications Inc. (NASDAQ: ACIA), Infoblox Inc. (NYSE: BLOX), and CommScope Holding Company Inc. (NASDAQ: COMM). Learn more about these stocks by downloading their free research reports in PDF format at:


Sunnyvale, California headquartered Infinera Corp.'s stock finished Monday's session 5.33% higher at $7.71 with a total volume of 1.47 million shares traded. Shares of the Company, which provides optical transport networking equipment, software, and services worldwide, are trading at a PE ratio of 46.17. The Company's shares are trading below its 50-day and 200-day moving averages by 11.07% and 35.36%, respectively. Infinera's stock has a Relative Strength Index (RSI) of 38.29.

On October 27th, 2016, research firm Needham reiterated its 'Strong Buy' rating on the Company's stock with a decrease of the target price from $15 a share to $12.50 a share. Sign up and read the free research report on INFN at:

Acacia Communications  

On Monday, shares in Maynard, Massachusetts headquartered Acacia Communications Inc. recorded a trading volume of 2.53 million shares, which was higher than their three months average volume of 2.29 million shares. The stock ended the day 4.42% higher at $65.67. Shares of the Company, which provides high-speed coherent interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific region, are trading at a PE ratio of 90.58. Acacia Communications' stock is trading below its 50-day and 200-day moving averages by 33.65% and 9.63%, respectively. Furthermore, shares of Acacia Communications have an RSI of 30.29.

On October 11th, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $100 a share to $125 a share.  The complimentary research report on ACIA can be downloaded at:


On November, 4, 2016, Santa Clara, California headquartered Infoblox Inc.'s stock ended the session flat, to close the day at $26.45. Infoblox's shares have gained 0.49% in the last one month, 41.22% in the previous three months and 60.21% in the past one year. Shares of the Company, which provides network control, network automation, and domain name system solutions in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific, are trading 5.34% and 37.03% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 75.64. Register for free on and access the latest report on BLOX at:


On Monday, shares in Hickory, North Carolina headquartered CommScope Holding Co. Inc. ended the session 2.27% higher at $32.88 with a total volume of 3.88 million shares traded. CommScope Holding's shares have advanced 3.98% in the last one month, 14.09% in the previous three months and 1.76% in the past one year. The stock is trading 7.30% above its 50-day moving average and 14.08% above its 200-day moving average. Moreover, shares of the Company, which provides infrastructure solutions for communications networks worldwide, have an RSI of 66.46. Get free access to your research report on COMM at:


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