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':
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Altice USA
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
VEON
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
KT Corp.
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
Telefonica
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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