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Stocks Under Scanner in the Electronic Equipment Space -- Apple, Koninklijke Philips, Sony, and Fabrinet


PR Newswire

NEW YORK, June 30, 2017 /PRNewswire/ --

If you want a Stock Review on AAPL, PHG, SNE or FN then come over to and sign up for your free customized report today. On Thursday, June 29, 2017, the NASDAQ Composite ended the trading session at 6,144.35, down 1.44%; the Dow Jones Industrial Average edged 0.78% lower, to finish at 21,287.03; and the S&P 500 closed at 2,419.70, slightly dropping 0.86%. Losses were broad based as eight out of nine sectors ended the day in negative. This Friday, has initiated reports coverage on the following Electronic Equipment equities: Apple Inc. (NASDAQ: AAPL), Koninklijke Philips N.V. (NYSE: PHG), Sony Corp. (NYSE: SNE), and Fabrinet (NYSE: FN). Take a look at the free research reports issued today on for these stocks by signing up at:


On Thursday, shares in Cupertino, California headquartered Apple Inc. recorded a trading volume of 31.41 million shares, which was above their three months average volume of 26.99 million shares. The stock ended at $143.68, declining 1.47% from the last trading session. The Company's shares have gained 24.05% on an YTD basis. The stock is trading above its 200-day moving average by 10.85%. Furthermore, shares of Apple, which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide, have a Relative Strength Index (RSI) of 40.84.

On June 19 th, 2017, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $171 a share to $180 a share. Sign up and read the free research report on AAPL at:

Koninklijke Philips 

Amsterdam, the Netherlands headquartered Koninklijke Philips N.V.'s stock finished yesterday's session 1.90% lower at $35.72 with a total trading volume of 1.00 million shares. The Company's shares have gained 1.13% in the last one month, 11.42% over the previous three months, and 16.85% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.56% and 13.96%, respectively. Furthermore, shares of Philips, which operates as a health technology company worldwide, have an RSI of 46.92.  

On June 21 st, 2017, research firm Natixis Bleichroeder downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary research report on PHG can be downloaded at:


At the close of trading on Thursday, shares in Tokyo, Japan headquartered Sony Corp. saw a drop of 1.52%, ending the day at $38.28. The stock recorded a trading volume of 802,587 shares. The Company's shares have advanced 4.53% in the last one month, 14.34% in the previous three months, and 36.57% since the start of this year. The stock is trading 6.02% and 18.42% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Sony, which designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide, have an RSI of 60.26. Register for free on and access the latest report on SNE at:


George Town, the Cayman Islands-based Fabrinet's shares ended the day 2.53% lower at $43.21 with a total trading volume of 566,928 shares. The stock has gained 22.65% in the last month, 0.58% over the previous three months, and 7.22% on an YTD basis. The Company's shares are trading 16.32% above their 50-day moving average and 6.72% above their 200-day moving average. Additionally, shares of Fabrinet, which provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors, have an RSI of 62.94.

On June 26 th, 2017, research firm Needham reiterated its 'Strong Buy' rating on the Company's stock with an increase of the target price from $56 a share to $60 a share. Get free access to your research report on FN at:


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