Sonus Networks, Inc. (NASDAQ:SONS) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: October 14, 2016
Zacks Investment Research has downgraded Sonus Networks, Inc. (NASDAQ:SONS) to Sell in a statement released on 10/14/2016.
Boasting a price of $7.36, Sonus Networks, Inc. (NASDAQ:SONS) traded 0.82% higher on the day. With the last stock price close down -12.12% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Sonus Networks, Inc. has recorded a 50-day average of $8.26 and a two hundred day average of $8.44. Volume of trade was down over the average, with 200,854 shares of SONS changing hands under the typical 325,992
With a market cap of $0, Sonus Networks, Inc. has 52 week low of $5.15 and a 52 week high of $10.00 .
General Information About 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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