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Ubiquiti Networks Inc (UBNT) [hlAlert]

up 26.32 %

Ubiquiti Networks Inc (UBNT) rated Buy with price target $31 by Auriga

Posted on: Wednesday,  Mar 21, 2012  11:25 AM ET by Auriga

Auriga rated Buy Ubiquiti Networks Inc (NASDAQ: UBNT) on 03/21/2012, when the stock price was $28.11. Since
then, Ubiquiti Networks Inc has gained 26.33% as of 01/25/2016's recent price of $35.51.
If you would have followed this Auriga's recommendation on UBNT, you would have gained 26.32% of your investment in 1405 days.

Ubiquiti Networks, Inc. (Ubiquiti) designs, manufactures and sells broadband wireless solutions worldwide. The Company offers a portfolio of wireless networking products and solutions, including systems, high performance radios, antennas and management tools, designed for wireless networking and other applications in the unlicensed radio frequency (RF) spectrum. The Company offers solutions that incorporate its RF technology, antenna design and firmware technologies, which it refers to as AirTechnologies. During the fiscal year ended June 30, 2010 (fiscal 2010), Ubiquiti introduced a number of products based on its AirTechnologies, including its AirMax systems. In fiscal 2010, 802.11 standard systems and AirMax systems together accounted for 82% of the Company?s revenue.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/21/2012 11:25 AM Buy
28.11 31.00
as of 12/31/2012
1 Week down  -0.89 %
1 Month up  3.31 %
3 Months up  2.01 %
1 YTD down  -56.81 %

(*) Stock Price at the time of the recommendation.
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