Stocks in Frontline Trades’ Choice: QUALCOMM (NASDAQ:QCOM), Wi-Lan (NASDAQ:WILN)

QUALCOMM Incorporated (NASDAQ:QCOM) [Trend Analysis] luring active investment momentum, shares a decrease -0.02% to $66.03. American chipmaker, Qualcomm (QCOM) declared that it is in trouble in South Korea. The country’s antitrust regulator has fined the company roughly $850 million (1.03 trillion won) for its patent royalty activities in South Korea.Many of you are familiar with Qualcomm for its chips. The next time you read the tech specs of your favorite smartphone, chances are that you’ll find a Qualcomm chip. The company manufactures LTE modems, ARM-based systems on a chip for various Android phones and more. The total volume of 312406 shares held in the session was surprisingly higher than its average volume of 9553.33 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 18.40%, and looking further price to next year’s EPS is 5.55%. While take a short look on price to sales ratio, that was 4.13 and price to earning ratio of 17.34 attracting passive investors.

Shares of Wi-Lan Inc. (NASDAQ:WILN) [Trend Analysis] runs in leading trade, it moving up 0.53% to trade at $1.63. The firm has price volatility of 4.28% for a week and 4.55% for a month. WiLAN (NASDAQ:WILN) declared that Company and Funai Electric Co., Ltd. have entered into a multi-year license contract.

“We are very pleased to have signed a license contract with major Japanese television manufacturer Funai,” said Jim Skippen, President & CEO, WiLAN. “Funai is a manufacturer of consumer products and ranks among the top five television suppliers to the United States, with brands such as Magnavox, Sanyo, and Emerson. This contract was achieved without having to undertake litigation.” The consideration to be paid to WiLAN and all other terms of the license contract are confidential. Narrow down four to firm performance, its weekly performance was 1.89% and monthly performance was 21.80%. The stock price of WILN is moving up from its 20 days moving average with 6.03% and isolated positively from 50 days moving average with 12.47%.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

Leave a Reply

Your email address will not be published. Required fields are marked *