NEW YORK, November 28, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on ATUS, VEON, KT, and TEF which is a click away at http://www.wallstequities.com/registration. This mornings' focus is shifted on the Technology sector, which received an "Outperform" rating from Charles Schwab on November 09th, 2017. As per the research firm, positive factors for the sector include increased technology spending and increased wages. For today, WallStEquities.com has initiated research coverage on Altice USA Inc. (NYSE: ATUS), VEON Ltd (NASDAQ: VEON), KT Corp. (NYSE: KT), and Telefonica S.A. (NYSE: TEF). Sign up today for free and learn why our members refer to our research coverage as the 'best out there': http://www.wallstequities.com/registration
On Monday, shares in Bethpage, New York headquartered Altice USA Inc. recorded a trading volume of 1.23 million shares. The stock ended the day at $18.79, declining 2.14% from the last trading session. The Company's shares are trading below their 50-day moving average by 23.57%. Furthermore, shares of Altice USA, which together with its subsidiaries, operates as a cable operator that provides telecommunications, media, and entertainment services in the US, have a Relative Strength Index (RSI) of 28.99.
On November 05th, 2017, Altice USA (ATUS) and Sprint announced a new, multi-year strategic agreement. Under the terms of the agreement, ATUS will utilize Sprint's network to provide mobile voice and data services to its customers throughout the US, and the latter will leverage the ATUS broadband platform to accelerate the densification of its network.
On November 14th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $40 a share to $35 a share. Signing up now gives you access to the free research coverage on ATUS at: http://www.wallstequities.com/registration/?symbol=ATUS
Amsterdam, the Netherlands headquartered VEON Ltd's stock rose 0.24%, finishing yesterday's session at $4.13 with a total trading volume of 4.29 million shares. The Company's shares have gained 6.44% in the last month and 7.27% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.95% and 2.84%, respectively. Additionally, shares of VEON, which through its subsidiaries, provides mobile and fixed-line telecommunications services, have an RSI of 64.97.
On November 09th, 2017, VEON announced its results for the quarter ended September 30th, 2017. Total revenue for Q3 2017 was approximately $2.46 billion, EBITDA increased to approximately $1.04 billion, and underlying EBITDA margin was 40.4%. Profit from continued operations for the quarter was $151 million, profit attributable to Company shareholders was $125 million, and underlying equity free cash flow excluding licenses totaled $475 million. Get access to our top-rated research, including the free report on VEON at: http://www.wallstequities.com/registration/?symbol=VEON
Shares in Seongnam, South Korea headquartered KT Corp. ended the session 0.41% higher at $14.86. The stock recorded a trading volume of 686,727 shares. The Company's shares have gained 5.84% in the last one month and 5.46% on an YTD basis. The stock is trading 4.46% above its 50-day moving average. Moreover, shares of KT Corp., which provides telecommunications services in Korea, have an RSI of 67.05. Click here to subscribe for a free membership which welcomes you with our report on KT at: http://www.wallstequities.com/registration/?symbol=KT
At the closing bell on Monday, Madrid, Spain headquartered Telefonica S.A.'s stock declined 0.39%, finishing at $10.10. A total volume of 1.01 million shares was traded. The Company's shares have gained 9.78% on an YTD basis. The stock is trading 3.06% below its 50-day moving average. Additionally, shares of Telefonica, which provides mobile and fixed communication services primarily in the European Union and Latin America, have an RSI of 45.33. To get free access to your research report on TEF, sign up at: http://www.wallstequities.com/registration/?symbol=TEF
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