Cowen and Company downgraded Sonus Networks, Inc. (NASDAQ:SONS) to Underperform in a report released today.
- Updated: October 1, 2016
Yesterday Sonus Networks, Inc. (NASDAQ:SONS) traded 0.65% higher at $8.61. SONS’s 50-day average is $8.57 and its two hundred day average is $8.43. With the last stock price close up -7.72% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was up over the average, with 665,195 shares of SONS changing hands over the typical 332,494
Cowen and Company has downgraded Sonus Networks, Inc. (NASDAQ:SONS) to Underperform in a report released on 9/29/2016.
Recent Performance Chart
Sonus Networks, Inc. has with a one year low of $5.15 and a one year high of $10.00 and has a market capitalization of $0.
General Company Details For Sonus Networks, Inc. (NASDAQ:SONS)
Sonus Networks, Inc. (Sonus) is a provider of networked solutions for communications service providers (telecommunications, wireless and cable service providers) and enterprises. The Company's products include session border controllers (SBCs), diameter signaling controllers (DSCs), policy/routing servers, network intelligence applications (VellOS), which is designed to network-wide security and other cloud network exchange services, media and signaling gateways and network analytics tools. Sonus helps communications service providers and enterprises hold the next generation of Session Initiation Protocol (SIP) and fourth generation/long term evolution (4G/LTE)-based solutions, including Voice over Internet Protocol (VoIP), video and Unified Communications (UC) through Internet Protocol (IP) networks. The Company's product, the GSX9000 VoIP softswitch, provides a carrier-class IP telephony switch that supports the transition from circuit-switched to IP-based network communications.
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