Sonus Networks (SONS) Receives News Sentiment Rating of 0.31

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27 May, 2017

The majority of revenue from both companies comes from North America. The U.S. & Canada segment includes sales of manufactured and sourced tableware having an end market destination in the United States and Canada, excluding glass products for original equipment manufacturers (OEMs), which remain in the Latin America segment. (SONS) in trading session dated August 12, 2016. In this case, shares are 169.26% higher from $5.53, the worst price in 52 weeks suffered on Sep.

Phillips 66 (PSX) stock price distance from twenty day simple moving average slumped at -0.69% while its distance from fifty day simple moving average declined -0.07% along with -2.06% below distance from two hundred simple moving averages. We have $6.54 PT which if reached, will make NASDAQ:SONS worth $24.71 million less.

About 266,115 shares traded. It has underperformed by 53.59% the S&P500.

Analysts await Libbey Inc. During the same quarter in the prior year, the firm posted $0.03 earnings per share. In that case, its shares would mark a 17.65% decline from the most recent price. The communications equipment provider reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Horrell Cap holds 2.42% or 617,200 shares. The Cannell Capital Llc holds 2.01M shares with $2.74 million value, up from 1.61M last quarter. Its down 0.48, from 1.38 in 2016Q3.

Support is likely to come between $0.62 a share to $0.56 a share level.

Many analysts have provided their estimated foresights on Sonus Networks, Inc. Therefore 40% are positive.

03/24/2015 - Sonus Networks, Inc. was downgraded to "market perform" by analysts at Wells Fargo.

07/30/2015 - Sonus Networks, Inc. was upgraded to "outperform" by analysts at Barrington Research. (NASDAQ:SONS) has "Hold" rating given on Tuesday, October 20 by Drexel Hamilton. The firm is scheduled to issue its next earnings report on Wednesday, July 26th. The stock has "Outperform" rating by Northland Capital on Thursday, October 29.

Ooma, Inc. (NYSE:OOMA) shares climbs 0.43% to $11.70 on Tuesday. First Tru Advsr Ltd Partnership has invested 0.05% in Sonus Networks, Inc. The NASDAQ listed company saw a recent bid of 6.87 and 338956 shares have traded hands in the session. (NASDAQ:SONS), Stochastic %D value stayed at 28.01% for the last 9 days. Loomis Sayles L P reported 892 shares stake. Federated Pa has 15,411 shares.

04/23/2015 - Sonus Networks, Inc. had its "buy" rating reiterated by analysts at Jefferies. (NASDAQ:SONS). Northern Trust Corp owns 525,813 shares for 0% of their portfolio. Citigroup Inc accumulated 10,538 shares. Jacobs Levy Equity Management holds 446,710 shares. The original version of this report can be viewed at https://transcriptdaily.com/2017/05/25/engineers-gate-manager-lp-buys-new-position-in-sonus-networks-inc-sons.html. (NASDAQ:SORL) announced its unaudited financial results for the first quarter ended March 31, 2017.

During last one month it showed the change of 3.99%. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

The merger combines Sonus' software-based position in real-time communication virtualization, cloud-based SIP and 4G/voice-over LTE offerings and security initiatives with Genband's network modernization, UC, and mobility and embedded communications offerings. It now has negative earnings. At times competitive - think session border controllers, WebRTC, and media gateways, for example - Sonus and Genband nevertheless diverge in their product strategies.

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