Dallas, Texas 11/06/2013 (Financialstrend) – In Tuesday’s trading, JDS Uniphase Corp (NASDAQ:JDSU) dropped by 0.23%. The opening price of the shares was $13.05, which climbed to an intraday high of $13.28 and dipped to a close of $13.07. Approximately 4.97 million shares were traded on Tuesday while an average volume of 4.46 million shares were traded over a 30 day period. The 52-week low of JDS Uniphase Corp (NASDAQ:JDSU) shares is $10.17 and its 52-week high is $16.61. The company has a market capitalization of $2.99 billion.
About the company
JDS Uniphase Corp (NASDAQ:JDSU) was incorporated on 23 June 1993. It is a provider of communications-test & measurement-solutions & optical products for various telecommunications service providers, wireless-operators, cable operators, network-equipment manufacturers and enterprises. It operates in 3 business segments: 1- Communications Test and Measurement, 2- Optical Security and 3- Performance Products. It also provides various anti-counterfeiting technologies that are used for currencies & other high- value documents & products. In addition, the company delivers commercial lasers that are used for manufacturing applications.
Communications Test and Measurement
JDS Uniphase Corp (NASDAQ:JDSU)’s CommTest business provides network & service enablement solutions. These enable the design & development, deployment, & maintenance of communication-equipment and networks. They ensure the quality of the services delivered to the end-user. Included in this product portfolio are platforms, instruments, software & services for wireless & wireline networks. These solutions provide visibility & intelligence across and at all levels of the network. They are used in all the phases of the network-lifecycle, from R&D in labs and production-line validation to field-deployment and service-assurance.
The company also provides network & service enablement-solutions for private-enterprise networks, including storage & storage-network technologies. JDS Uniphase Corp (NASDAQ:JDSU)’s network-enablement solutions include instruments & software that support development & production of network -systems in the lab and turn-up, troubleshoot, certify & optimize networks