Ciena Corp (NASDAQ: CIEN) is expected to earn $0.06 per share for quarter ended Oct 2011. Estimates from Wall Street analysts ranged from as low as $-0.04 per share to as high as $0.12 per share. For the same quarter last year, the company earned $-0.18 per share. Revenues are expected to come in at $450.16M. Shares of Ciena Corp traded higher by 3.86% or $0.46/share to $12.37. In the past year, the shares have traded as low as $9.89 and as high as $29.24. On average, 6066320 shares of CIEN exchange hands on a given day and today's volume is recorded at 9566885. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $12.66 area but be careful because the stock may face selling pressure at this level.
National Bank of Canada (TSE: NA.TO) is expected to earn $1.65 per share for quarter ended Oct 2011. Estimates from Wall Street analysts ranged from as low as $1.59 per share to as high as $1.74 per share. For the same quarter last year, the company earned $1.63 per share. Revenues are expected to come in at $1.16B. Shares of National Bank of Canada traded higher by 1.22% or $0.81/share to $67.23. In the past year, the shares have traded as low as $63.27 and as high as $81.98. On average, 636988 shares of NA.TO exchange hands on a given day and today's volume is recorded at 626601. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $68.38 area but be careful because the stock may face selling pressure at this level.
Cooper Companies Inc (NYSE: COO) is expected to earn $1.21 per share for quarter ended Oct 2011. Estimates from Wall Street analysts ranged from as low as $1.18 per share to as high as $1.23 per share. For the same quarter last year, the company earned $1.09 per share. Revenues are expected to come in at $357.44M. Shares of Cooper Companies Inc traded higher by 0.17% or $0.0986/share to $58.71. In the past year, the shares have traded as low as $52.60 and as high as $84.20. On average, 976303 shares of COO exchange hands on a given day and today's volume is recorded at 449512. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $63.88 area but be careful because the stock may face selling pressure at this level.
Kirkland Lake Gold Inc (TSE: KGI.TO) is expected to earn $0.17 per share for quarter ended Oct 2011. Estimates from Wall Street analysts ranged from as low as $0.15 per share to as high as $0.20 per share. For the same quarter last year, the company earned $0.13 per share. Revenues are expected to come in at $39.92M. Shares of Kirkland Lake Gold Inc fell by 0.73% or $-0.13/share to $17.79. In the past year, the shares have traded as low as $12.48 and as high as $21.31. On average, 249128 shares of KGI.TO exchange hands on a given day and today's volume is recorded at 270709. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $18.19 represents resistance and the 200-day moving average of $17.20 would be an area of support.
Pall Corp (NYSE: PLL) is expected to earn $0.65 per share for quarter ended Oct 2011. Estimates from Wall Street analysts ranged from as low as $0.62 per share to as high as $0.68 per share. For the same quarter last year, the company earned $0.62 per share. Revenues are expected to come in at $647.99M. Shares of Pall Corp fell by 0.61% or $-0.33/share to $53.55. In the past year, the shares have traded as low as $39.81 and as high as $59.50. On average, 1544230 shares of PLL exchange hands on a given day and today's volume is recorded at 514538. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $51.85 area where the stock will likely see buying pressure.
