Pompano Beach, FL -- (SBWIRE) -- 12/18/2012 -- No Limit Stocks - NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Research In Motion Limited (USA) (NASDAQ:RIMM) (TSE:RIM) is likely to announceone more weak numbers when it declares its third quarter results on December 20. Though, all eyes will be on the BlackBerry 10, which is likely to be unveiled in the first quarter of 2013.
Wall Street, on average, anticipates RIM to announce a loss of 35 cents per share. In the year-ago period, it made $1.27 per share in earnings.
Why Should Investors Buy RIMM After the Recent Fall? Just Go Here and Find Out
Quarterly sales are likely to be $2.65 billion, a decline of 49.4% from previous year when it made sales of $5.22 billion. In the previous two quarters, the salesdecline was 33% and 19%, respectively.
At the current trading session, Research In Motion Limited (USA) (NASDAQ:RIMM) shares are down -2.05% to $13.64 while the stocks are trading within the range of $13.28 – $13.88. In the past year, the stock has traded within a range of $6.22 – $17.96. Average daily trading volume is 41.57 million shares.
If we look at a few other hot stocks within industry, Level 3 Communications, Inc., Oi SA and Crown Castle International Corp. were in the top volume leaders. Let’s have a quick look on their Market performance.
Level 3 Communications, Inc. (NYSE:LVLT) shares are up +6.03% to $23.02 while the stock is trading within the range of $21.69 – $23.85 in the current trading session. In the last 12 months the shares have traded between $16.36 and $27.99. The average daily trading volume is 1.15 million shares.
For How Long LVLT will Fight for Profitability? Read This Trend Analysis report
Oi SA (ADR) (NYSE:OIBR) shares in the current session trading at flat and reaching $3.90. The stocks are trading in a range of $3.85 – $3.91. In the last year the stock has moved within a range of $3.62 – $7.04. The Company’s average daily trading volume is 1.84 million shares.
Is OIBR a Solid Investment at These Levels? Read This Report For Details
Another rival company, Crown Castle International Corp. (NYSE:CCI), is trading up +0.10% to $71.31. Intraday trading recorded the stock price in a range of $70.74 to $71.53. In the previous 52 weeks the stock’s price ranged between $42.29 and $71.70. Their average daily trading volume is 1.42 milliom shares.
Will CCI Continue To Move Higher? Find Out Here
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