Worth Watching Stocks: Groupon Inc (GRPN), Infinera Corp. (INFN)

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Groupon Inc (NASDAQ:GRPN):

The company’s RSI reading has hit 54.67. The stock edged higher by 2.72% to close previous trading session at USD 4.16.

The shares of the company fluctuated in the range of USD 2.15 and USD 7.85 in the course of 52 weeks. Over the three months, the company’s shares have surged by 31.23% and in the past one year, it has lost -45.26%. Additionally, the stock’s year to date performance has improved 35.50%. Over the last five days its shares have surged by 0.73% and in the past six months it has moved down -3.03%.

Further, the company is trading at a price to book ratio of 5.40. The stock’s weekly volatility is calculated as 5.88% and monthly volatility as 6.65% with ATR of 0.33, beta of 1.26 and price to cash ratio of 2.86.

Groupon Inc (GRPN) on March 15, 2016 announced a series of website, mobile and tablet enhancements that make it easier for merchants to create and manage the perfect Groupon marketing campaign for their business across any of their devices, wherever they’re located. The updates include: redesigned web and mobile tools––all under the Groupon Merchant™ brand (http://www.groupon.com/merchant), a new tablet app that allows users to track and manage their Groupon campaign and more self-service deal options, providing merchants the ability to customize the structure and appearance of their promotion.

Infinera Corp. (NASDAQ:INFN):

The stock increased by 2.69% to close last trading session at USD 16.82. The company’s shares oscillated in the range of USD 16.30 and USD 17.04 during intraday trade.

A total of 1.46 million shares exchanged hands, below its 3 month average volume of 2.40 million shares. Over the last five days its shares have surged by 5.59% and in the past six months it has moved down -20.02%.

Furthermore, the stock has weekly volatility of 3.07% and monthly volatility of 3.74% with ATR of 0.65. The stock’s RSI is 65.92 and distance from 50-day simple moving average is 10.98%, whereas its distance from 20-day simple moving average is 7.86% and distance from 200-day simple moving average is -13.58%.

Infinera Corp. (INFN) announced the introduction of the Infinite Capacity Engine, a multi-terabit optical subsystem enabling a step function in optical wave division multiplexing (WDM) performance. The Infinite Capacity Engine is the first optical subsystem in the industry to offer network operators the combined benefits of delivering optical super-channel capacity up to 2.4 terabits per second (Tb/s) and reach up to 12,000 kilometers in a single small package.

The Infinite Capacity Engine is powered by the advanced electronics of Infinera’s next generation FlexCoherent® Processor and the cutting-edge photonics of Infinera’s fourth generation photonic integrated circuit (PIC). The Infinite Capacity Engine will be integrated into Infinera Intelligent Transport Network platforms customized for long-haul terrestrial, subsea, metro and data center interconnect networks to provide a comprehensive set of solutions to customers.