MACD Oscillator Analysis for Finisar Corp. (NASDAQ:FNSR)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Finisar Corp. (NASDAQ:FNSR) for the period of 9-Day stands at 4.94% while the stochastic %D for the same period stands at 6.37%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Finisar Corp. (NASDAQ:FNSR) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Finisar Corp. (NASDAQ:FNSR) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Finisar Corp. (NASDAQ:FNSR)’s 20-Day Bollinger Band indicates “Hold”.

About Company

FINISAR CORP. is a provider of fiber optic subsystems and network test and monitoring systems which enable high-speed data communications over local area networks, or LANs, storage area networks, or SANs, and metropolitan access networks, or MANs. They are focused on the application of digital fiber optics to provide aline of high-performance, reliable, value-added optical subsystems for data networking and storage equipment manufacturers.

Previous Day Activity Analysis

On the last trading day, Finisar Corp. (NASDAQ:FNSR) opened the session at $18.36 and after going down -2.4% closed at $18.28. The stock lost -0.08 points in the last trade.

Finisar Corp. (NASDAQ:FNSR)’s stock fluctuated in the range of $18.10 and $18.59 during the previous active session. Finisar Corp. (NASDAQ:FNSR) traded with the volume of 3.74 Million with average volume of 3.2 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.24 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.97 and 31.41 respectively.

Currently the Insider Ownership of the shares of Finisar Corp. (NASDAQ:FNSR) is at 1.7% and the shares outstanding are 111.25 Million.

Important Ratio Analysis

Some important ratios to consider here for Finisar Corp. (NASDAQ:FNSR) are discussed below:

Price to Earnings P/E ratio stands at 8.58 while Forward P/E shows the value of 9.48.

The PEG ratio (Price to Earning to Growth) emits the value of 0.64. The Price to Sale P/S and Price to Book P/B shows the value of 1.4 and 1.28 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 1.65 and 10.61 correspondingly.

The Quick Ratio of Finisar Corp. (NASDAQ:FNSR) stands at 6.2 while the Current Ratio depicts the value of 7.7.

Return on Assets ROA of Finisar Corp. (NASDAQ:FNSR) is at 10.6% whereas, Return on Equity ROE and Return of Investment ROI of Finisar Corp. (NASDAQ:FNSR) stand at 16.8% and 11.6% respectively.

Stock Performance Analysis

The stock performance of Finisar Corp. (NASDAQ:FNSR) on the basis of 5 day trade show the dip of -3.54% whereas, the monthly performance of the stock shows decrease of -16.15%.

The quarterly performance of the stock remained in red zone with the value of -21.95% while six month performance of the shares of Finisar Corp. (NASDAQ:FNSR) remained bearish with the count of -24.96%.

The yearly and YTD performance of Finisar Corp. (NASDAQ:FNSR) remained down at -38.49% and -39.61% respectively.