LITE stock forecast, quote, news & analysis

The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Hewlett Packard Enterprise Company (NYSE:HPE), Nokia Corp (NYSE:NOK), Ericsson (NASDAQ:ERIC), Juniper Networks (NYSE:JNPR), Ciena Corp (NYSE:CIEN), Lumentum Holdings (NASDAQ:LITE), CommScope Holding Company (NASDAQ:COMM).

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

The average market capitalization across the Telecommunications Equipment Industry is 4.92B. The market cap for tickers in the group ranges from 1.59K to 202.5B. CSCO holds the highest valuation in this group at 202.5B. The lowest valued company is ABILF at 1.59K.

The average weekly price growth across all stocks in the Telecommunications Equipment Industry was 3%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 21%. AAOI experienced the highest price growth at 39%, while VMNT experienced the biggest fall at -23%.

The average weekly volume growth across all stocks in the Telecommunications Equipment Industry was -30%. For the same stocks of the Industry, the average monthly volume growth was 92% and the average quarterly volume growth was 4%