NEW YORK, September 23, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on the following equities: Brocade Communications Systems, Inc.  (NASDAQ: BRCD), FireEye, Inc. (NASDAQ: FEYE), Baidu, Inc. (NASDAQ: BIDU), Altera Corporation (NASDAQ: ALTR), Ambarella, Inc. (NASDAQ: AMBA). On Tuesday, September 22, 2015, Nasdaq ended at 4756.72, down 1.50%, DOW declined 1.09%, to finish the day at 16330.47, and the S&P closed at 1942.74, down 1.23%. Register for your complimentary reports at the links given below.  

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Brocade Communications Systems Inc 

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Brocade Communications Systems Inc's stock edged higher by 1.06% to close Tuesday's session at USD 10.48. The company's shares oscillated between USD 10.18 and USD 10.49. The stock recorded a trading volume of 4.96 million shares, which was below its 50-day daily average volume of 5.02 million shares. Over the last three days, Brocade Communications Systems Inc's shares have advanced 0.19% and in the past one week it has moved up 1.26%. However, over the last three months, the stock has lost 18.13% and in the past six months, the shares have shed 11.71%. Further, the company is trading at a price to earnings ratio of 13.44 and a price to book ratio of 1.76. This compares to a historical PE ratio of 20.15. The historical PB ratio is near to 1.92. Sign up and read the free notes on BRCD at:  

http://www.aciassociation.com/BRCD.pdf

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FireEye Inc 

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The stock of FireEye Inc lost 4.54% to close Tuesday's session at USD 35.31. The shares of the company moved in the range of USD 35.06 and USD 36.89. A trading volume of 4.60 million shares was recorded, which was lower than its 150-day daily average volume of 5.83 million shares. Over the last five days, FireEye Inc's shares have declined by 4.23% and in the past one month, it has lost 11.28%. Additionally, over the last three months, the stock has declined 33.16% and in the past six months, the shares have registered a loss of 13.43%. The stock has given negative returns of 3.47% in the past one month, and 32.65% in the last three months, on a compounded total return basis. Register for free on ACI Association and access the latest research on FEYE at:

http://www.aciassociation.com/FEYE.pdf

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Baidu Inc 

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Baidu Inc's stock decreased by 3.35% to close Tuesday's session at USD 136.12. The company's shares fluctuated in the range of USD 135.40 and USD 139.59. A total of 4.43 million shares exchanged hands, which was lesser than its 50-day daily average volume of 5.17 million shares and was above its 52-week average volume of 3.64 million shares. Over the last three days Baidu Inc's shares have declined by 7.44% and in the past one week it has moved down 3.73%. Furthermore, over the last three months, the stock has lost 35.79% and in the past six months, the shares have shed 36.27%. Further, the company is trading at a price to earnings ratio of 22.87 and a price to book ratio of 5.43. This compares to a historical PE ratio of 45.99 and a historical PB ratio of 9.65. Additionally, the stock is trading at a price to cash flow ratio of 15.80 and price to sales ratio of 4.09. The complete research on BIDU is available for free at:  

http://www.aciassociation.com/BIDU.pdf

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Altera Corp 

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Altera Corp's stock slipped by 0.26% to close Tuesday's session at USD 50.31. The company's shares oscillated between USD 50.17 and USD 50.41. The stock recorded a trading volume of 3.94 million shares, which was above its 50-day daily average volume of 2.68 million shares. Over the last five days, Altera Corp's shares have declined by 0.53% while in the past one month, it has gained a momentum of 3.41%. The stock has returned 42.23% in the past one year, on a compounded total return basis. Altera Corp has a current dividend yield of 1.43%. Further, the company is trading at a price to earnings ratio of 39.30 and a price to book ratio of 4.58. This compares to a historical PE ratio of 24.38. The historical PB ratio is near to 3.40. Additionally, the stock is trading at a price to cash flow ratio of 28.05 and price to sales ratio of 8.32. Free in-depth research on ALTR is available at:  http://www.aciassociation.com/ALTR.pdf

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Ambarella Inc 

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Ambarella Inc's stock declined 0.21% to close Tuesday's session at USD 66.80. The share price vacillated between USD 64.06 and USD 68.43. The stock recorded a trading volume of 3.76 million shares, which was above its 50-day daily average volume of 3.63 million shares and above its 52-week average volume of 2.60 million shares. Over the last three days Ambarella Inc's shares have declined by 9.34% and in the past one week it has moved down 6.39%. Moreover, in the last six months, the stock has lost 8.14% while year to date, the shares have picked up 31.70%. Further, the company is trading at a price to earnings ratio of 28.55. This compares to a historical PE ratio of 35.31. The complimentary notes on AMBA can be downloaded in PDF format at:  

http://www.aciassociation.com/AMBA.pdf

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