Harmonic Inc (NASDAQ:HLIT) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Having a price of $4.70, Harmonic Inc (NASDAQ:HLIT) traded 1.08% higher on the day. With the last close up 16.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. HLIT has recorded a 50-day average of $5.06 and a two hundred day average of $4.05. Trade Volume was down over the average, with 0 shares of HLIT changing hands under the typical 694,314
Zacks Investment Research has downgraded Harmonic Inc (NASDAQ:HLIT) to Hold in a statement released on 11/29/2016.
On 1/13/2016, Northland Capital released a statement on Harmonic Inc (NASDAQ:HLIT) upped the target price from $0.00 to $5.00 that suggested an upside of 0.43%.
Recent Performance Chart
Harmonic Inc has with a one year low of $2.51 and a one year high of $6.13 and has a market capitalization of $0.
General Company Details For Harmonic Inc (NASDAQ:HLIT)
Harmonic Inc. (Harmonic) designs, manufactures and sells video infrastructure products and system solutions. The Company has two segments: Video and Cable Edge. Harmonic provides technical support and professional services to its customers around the world. The Video segment sells video processing and production, and playout solutions and services to broadcast and media companies, streaming media companies, cable operators, and satellite and telecommunications (telco), and pay television (TV) service providers. Its Cable Edge business sells cable edge solutions and related services to cable operators. The Video segment offers software-based media processing platforms. The products in the video segment include video processing solutions, and video production platforms and playout solutions. The Cabled Edge segment offers products, including edge quadrature amplitude modulation (QAM) products, centralized converged cable access platform (CCAP) Solution and Distributed CCAP Solution.
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