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Pompano Beach, FL -- (SBWIRE) -- 01/31/2013 -- On Thursday, Alcatel-Lucent (NYSE: ALU) has increased its broadband network capacity threefold and speeds for Russia's biggest cable TV operator, National Cable Networks (NCN), an element of the OJSC Rostelecom group.
Can Investors Bet on ALU after this News update? Find out in this Research Report
The improved capacity network would support an intense hike in video traffic as a consequence of surveillance cameras being integrated throughout Moscow.
In the final days of 2011, NCN won tenders to integrate the video surveillance system that would boost up safety in the city under the municipal 'Information City' plan. This plan focuses to enhance the quality of life for city residents through information technologies to enhance safety, healthcare and the management of city utilities.
At the current trading session, Alcatel Lucent SA (ADR) (NYSE:ALU) shares are up +5.77% to $1.65 while the stocks are trading within the range of $1.63 – $1.67. In the past year, the stock has traded within a range of $0.91 – $2.66. Average daily trading volume is 21.24 million shares.
Will ALU Continue To Move Higher? Find Out Here
If we look at a few other stocks within industry, JDS Uniphase Corp, Ericsson and Ciena Corporation are in the top volume leaders. Let’s have a quick look on their Market performance.
JDS Uniphase Corp (NASDAQ:JDSU) shares are up +19.35% to $14.80 while the stock is trading within the range of $14.00 – $15.14 in the current trading session. In the last 12 months the shares have traded between $8.47 and $15.17. The average daily trading volume is 4.51 million shares.
What was the Moving Force behind JDSU On Bullish Run? Read This Research Report
Ericsson (ADR) (NASDAQ:ERIC) shares in the current session moved up +9.84% reaching $11.72. The stocks are trading in a range of $11.69 – $11.82. In the last year the stock has moved within a range of $8.23 – $11.82. The Company’s average daily trading volume is 4.53 million shares.
For How Long ERIC will Fight for Profitability? Read This Trend Analysis report
Another rival company, Ciena Corporation (NASDAQ:CIEN), is trading up +6.64% to $15.57. Intraday trading recorded the stock price in a range of $15.15 to $15.67. In the previous 52 weeks the stock’s price ranged between $11.44 and $18.39. Their average daily trading volume is 3.51 million shares.
Why Should Investors Buy CIEN After The Recent Gain? Just Go Here and Find Out
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