Research Reports on Data Storage Devices Equities -- Seagate Technology, Brocade Communications, Western Digital, and Dataram

NEW YORK, March 15, 2017 /PRNewswire/ --

Stock-Callers.com draws investors' attention to four equities in the Data Storage Devices industry: Seagate Technology PLC (NASDAQ: STX), Brocade Communications Systems Inc. (NASDAQ: BRCD), Western Digital Corp. (NASDAQ: WDC), and Dataram Corp. (NASDAQ: DRAM). These companies are part of the Technology sector, which was mostly underwater in late trading on Tuesday, March 14^th, 2017, with shares of Tech companies in the S&P 500 posting a collective 0.3% retreat. Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Seagate Technology  

On Tuesday, shares in Dublin, Ireland headquartered Seagate Technology PLC recorded a trading volume of 3.49 million shares. The stock ended the session 1.83% lower at $46.70. The Company's shares have gained 0.52% in the last one month, 20.53% over the previous three months, and 22.35% on an YTD basis. The stock is trading 6.85% above its 50-day moving average and 33.33% above its 200-day moving average. Moreover, shares of Seagate Technology, which designs, produces, and distributes electronic data storage technology and solutions in Singapore, the US, the Netherlands, and internationally, have a Relative Strength Index (RSI) of 53.05.

On February 13^th, 2017, Seagate Technology announced that its portfolio hard drives and solid-state drives designed to meet stringent federal security standards now integrate with advanced encryption key management software and services from Fornetix, LLC. The integration gives federal government agencies another line of defense against external and internal cybersecurity threats by providing a more secure and easier way to manage and ensure data encryption. Free research report on STX is available at:

http://stock-callers.com/registration/?symbol=STX

Brocade Communications  

San Jose, California headquartered Brocade Communications Systems Inc.'s stock closed the day 0.08% higher at $12.39 with a total trading volume of 2.84 million shares. The Company's shares have advanced 1.10% in the past month and 0.53% in the previous three months. The stock is trading 0.17% and 17.68% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Brocade Communications Systems, which provides storage area networking and Internet protocol networking solutions for businesses and organizations worldwide, have an RSI of 59.02.

On February 27^th, 2017, Ruckus Wireless, a part of Brocade, announced collaboration with Amdocs, a leading provider of software and services to communications and media companies, to deliver customizable, managed cloud Wi-Fi service to service providers. Ruckus Service Provider Cloud leverages industry-leading access points and a cloud-managed, virtualized software platform to deliver a vertically integrated Wi-Fi and LTE offering to service providers, fully managed by Amdocs. The complimentary research report on BRCD can be downloaded at:

http://stock-callers.com/registration/?symbol=BRCD

Western Digital  

Shares in Irvine, California headquartered Western Digital Corp. recorded a trading volume of 2.36 million shares. The stock ended yesterday's trading session flat at $75.70. The Company's shares have advanced 12.60% over the previous three months and 11.41% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.76% and 29.12%, respectively. Furthermore, shares of Western Digital, which together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide, have an RSI of 50.87.

On March 01^st, 2017, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $89 a share to $90 a share.

On March 14^th, 2017, Western Digital announced that it has successfully priced $2.985 billion of new US dollar-denominated term B-2 loans at an interest rate of LIBOR + 2.75%, which priced 100 basis points lower than its previous term B-1 loans issued in August 2016. This new financing marks the Company's second successful repricing of US dollar-denominated term B loans since issuing its original term B loans in connection with its acquisition of SanDisk Corporation in May 2016. The new financing is expected to generate annual cash interest savings of approximately $30 million beginning on March 14^th, 2017, resulting from the 100 basis point reduction in interest spread. The new term loans have the same remaining tenor as the previous US dollar-denominated term B loans and mature on April 29^th, 2023. Visit us today and access our complete research report on WDC at:

http://stock-callers.com/registration/?symbol=WDC

Dataram  

Princeton, New Jersey headquartered Dataram Corp.'s stock finished Tuesday's session 1.75% lower at $1.13 with a total trading volume of 27,666 shares. The Company's shares are trading below their 50-day moving average by 24.39%. Shares of the Company, which develops, manufactures, and markets memory products primarily used in enterprise servers and workstations worldwide, have an RSI of 28.12.

On March 09^th, 2017, Dataram announced a Special Meeting of Shareholders to be held at the offices of Sichenzia Ross Ference Kesner LLP at 61 Broadway 32^nd floor NY, NY 10006 on March 30^th, 2017, at 10:00 a.m. ET. Get free access to your research report on DRAM at:

http://stock-callers.com/registration/?symbol=DRAM

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA