Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

The UBS Group AG buys 136,770 shares of Juniper Networks, Inc.

The UBS Group AG buys 136,770 shares of Juniper Networks, Inc.

UBS Group AG expanded its stake in Juniper Networks, Inc. (NYSE:JNPR) by 306.8% during the first quarter, as per its latest Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,343 shares of the network equipment provider’s stock after buying an additional 136,770 shares during the period. UBS Group AG's possessions in Juniper Networks were worth $5,046,000 at the end of the most recent quarter.

Shares of Juniper Networks, Inc. traded up 2.37% during trading on Friday, hitting $28.45. The stock had a trading volume of 3,434,337 shares. The stock’s 50-day moving average is $29.27 and its 200-day moving average is $28.49. Juniper Networks, Inc. has a 12-month low of $21.18 and a 12-month high of $30.96. The stock has a market cap of $10.87 billion, a price-to-earnings ratio of 17.99 and a beta of 1.08.

Juniper Networks last issued its earnings results on Tuesday, April 25th. The network equipment provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Juniper Networks had a return on equity of 13.59% and a net margin of 12.10%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the company earned $0.37 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, analysts anticipate that Juniper Networks, Inc. will post $2.23 earnings per share for the current fiscal year.

CREDITS: Juniper Networks.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...