Tech New Lows: MoSys Inc. (NASDAQ:MOSY), ADTRAN, Inc. (NASDAQ:ADTN), Ruckus Wireless Inc (NYSE:RKUS), VimpelCom Ltd (ADR) (NASDAQ:VIP)

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MoSys Inc. (NASDAQ:MOSY) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for MOSY broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. MoSys Inc. (NASDAQ:MOSY) stock performance was -5.15% in last session and finished the day at $3.13. Traded volume was 207,047.00million shares in the last session and the average volume of the stock remained 188.45k shares. The beta of the stock remained 1.71. MoSys Inc. (NASDAQ:MOSY) insider ownership is 0.10%.

ADTRAN Inc (NASDAQ:ADTN)‘s stock had its “neutral” rating reiterated by Zacks in a research note issued to investors on Wednesday, ARN reports. They currently have a $24.00 price target on the stock. Zacks‘s price target suggests a potential upside of 7.91% from the company’s current price. ADTRAN, Inc. (NASDAQ:ADTN) dropped -3.05 percent to $21.30 Wednesday on volume of 1.00million shares. The intra-day range of the stock was $21.23 to $22.00. ADTRAN, Inc. (NASDAQ:ADTN) has a market capitalization of $1.20billion.

Ruckus Wireless Inc (NYSE:RKUS) and UK managed services provider Pinacl Solutions have announced an extension to the Ruckus Smart Wi-Fi network in the City of York. This follows a successful pilot Wi-Fi network deployed in the city centre in 2013, which generated one million hits in the first three months of service. Ruckus Wireless Inc (NYSE:RKUS)’s stock on May 14, 2014 reported a decrease of -1.65% to the closing price of $8.96. Its fifty two weeks range is $8.92 -$9.21. The total market capitalization recorded $735.18million. The overall volume in the last trading session was 1.65million shares. In its share capital, RKUS has 82.06million outstanding shares.

VimpelCom Ltd. (ADR) (NASDAQ:VIP), the worst performer among the most-traded Russian shares in the U.S. this year, will probably keep falling as weakening currencies in two of its biggest markets erode earnings, according to IFC Metropol. On Wednesday, shares of VimpelCom Ltd (ADR) (NASDAQ:VIP) dropped -5.45% to close the day at $7.81 . Company return on investment (ROI) is 8.20% and its monthly performance is recorded as -4.64%. VimpelCom Ltd (ADR) (NASDAQ:VIP) quarterly revenue growth is -21.74%.

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