08.02.2017 13:00:00
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Wireless Communications Stocks Under Review -- Sprint, Globalstar, T-Mobile US, and Telefonica Brasil
NEW YORK, February 8, 2017 /PRNewswire/ --
Ahead of today's trading session, Stock-Callers.com puts focus on the current performances of Sprint Corp. (NYSE: S), Globalstar Inc. (NYSE MKT: GSAT), T-Mobile US Inc. (NASDAQ: TMUS), and Telefonica Brasil S.A. (NYSE: VIV). Wireless communications have become essential to the day-to-day lives of the majority of the world's consumers, resulting in a surge in demand over the past five years. According to an IBISWorld report, industry growth is expected to continue in the next five years as carriers complete fourth-generation network rollouts and benefit from booming demand for data services. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Sprint
On Tuesday, shares in Overland Park, Kansas headquartered Sprint Corp. recorded a trading volume of 15.09 million shares. The stock ended the day at $8.34, declining 0.24% from the last trading session. The Company's shares have advanced 36.05% in the previous three months. The stock is trading above its 200-day moving average by 34.35%. Furthermore, shares of Sprint, which through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the US, Puerto Rico, and the US Virgin Islands, have a Relative Strength Index (RSI) of 36.68.
On February 06th, 2017, Sprint announced that a 2017 IoT Evolution Business Impact Award will be presented to Sprint and its client, BioTelemetry, Inc., by TMC and Crossfire Media at the IoT Evolution Conference & Expo on February 09th, 2017. The Business Impact Awards program recognizes a select group of companies and business leaders that have successfully leveraged IoT to solve a business issue, launch a new service, or create revenue opportunities. Sign up and read the free research report on S at:
http://stock-callers.com/registration/?symbol=S
Globalstar
Covington, Louisiana headquartered Globalstar Inc.'s stock saw a drop of 6.45%, finishing yesterday's session at $1.45 with a total trading volume of 8.22 million shares. The Company's shares have surged 74.70% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 10.33% and 7.38%, respectively. Additionally, shares of Globalstar, which provides mobile voice and data communications services through satellite worldwide, have an RSI of 50.69.
On January 23rd, 2017, Globalstar announced that David Kagan, the Company's President and Chief Operating Officer, will be leaving the Company in March 2017 to accept an exciting new opportunity with SpeedCast. After his departure, Mr. Kagan will assume an advisory role with the Company and will continue to assist the management team and the Board with strategic and operational guidance. Globalstar will immediately commence a search to fill the position. The complimentary research report on GSAT can be downloaded at:
http://stock-callers.com/registration/?symbol=GSAT
T-Mobile US
Shares in Bellevue, Washington headquartered T-Mobile US Inc. ended the session 1.53% higher at $61.89. The stock recorded a trading volume of 3.37 million shares. The Company's shares have gained 9.02% in the last one month, 25.41% over the previous three months, and 7.62% since the start of this year. The stock is trading 6.58% above its 50-day moving average and 27.59% above its 200-day moving average. Moreover, shares of T-Mobile US, which together with its subsidiaries, provides mobile communications services for consumers and businesses in the US, Puerto Rico, and the US Virgin Islands, have an RSI of 57.50.
On January 11th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $54 a share to $55 a share.
On January 31st, 2017, T-Mobile announced that it will issue a press release and investor factbook reporting its Q4 2016 and full year 2016 results at approximately 7:30 a.m. EST on February 14th, 2017. The Company will discuss its financial and operational results on February 14th, 2017, at 10:00 a.m. EST. Register for free on Stock-Callers.com and access the latest report on TMUS at:
http://stock-callers.com/registration/?symbol=TMUS
Telefonica Brasil
At the closing bell on Tuesday, Sao Paulo, Brazil headquartered Telefonica Brasil S.A.'s stock declined 0.72%, finishing at $15.14. A total volume of 1.19 million shares was traded. The Company's shares have gained 12.07% in the last month, 10.06% over the previous three months, and 14.09% on an YTD basis. The stock is trading 11.80% and 13.14% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Telefonica Brasil, which provides fixed-line and mobile telecommunications services to residential and corporate customers in Brazil, have an RSI of 69.19.
On January 13th, 2017, Telefônica Brasil announced that the Company's Ordinary and Extraordinary Shareholders' Meeting of the year 2017 will be held on April 26th, 2017. Get free access to your research report on VIV at:
http://stock-callers.com/registration/?symbol=VIV
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