Oclaro, Inc (NASDAQ:OCLR) rose by 7.69% in Friday’s trading


Dallas, Texas 11/18/2013 (Financialstrend) – In Friday’s trading session, Oclaro, Inc (NASDAQ:OCLR) rose by 7.69%. The shares opened at a price of $2.20, which touched the intraday high of $2.42 and headed to a close of $2.38. Around 3.18 million exchanged hands over the trading day and an average volume of 1.36 million shares were traded over a 30 day period. The 52-week low of Oclaro, Inc (NASDAQ:OCLR) shares is $0.88 and its 52-week high is $2.42. The company has a market capitalization of $221.04 million.                                        

About the company

Oclaro, Inc (NASDAQ:OCLR) was incorporated on 29 June 2006. It is a provider of optical-communications & laser-components, modules & subsystems for a variety of markets. These include telecommunications, scientific, industrial, consumer electronics & medical. It has product offerings like tunable laser, pump laser-chips, lithium-niobate external modulators, thin film-filters & amplifiers. Oclaro, Inc (NASDAQ:OCLR) is a supplier of optical-network technology to telecom -equipment companies globally. It designs, manufactures & markets optical-components, modules & subsystems that generate & detect, amplify & combine as well as separate light-signals in telecom networks. On 23 July 2012, it acquired Opnext, Inc. In 2013 November II-VI Inc announced the completion of the acquisition of the fiber-amplifier and micro-optics business of Oclaro, Inc (NASDAQ:OCLR)

Oclaro, Inc (NASDAQ:OCLR) targets telecom-equipment manufacturers that integrate its optical-technology into systems that it offers to telecom-carriers that are building, upgrading & operating optical-networks. It supplies optical-products at the component level, including tunable -lasers, pump lasers, external-modulators, integrated lasers & modulators and receivers. Oclaro, Inc (NASDAQ:OCLR) is also supplies products at the module & subsystem levels, including transponders, transceivers, tunable-dispersion compensation, wavelength-selective switch, amplifiers  and controlled subsystems. These include integrated reconfigurable-optical add-drop multiplexer line cards.

Within Oclaro, Inc (NASDAQ:OCLR)’s overall business, It also has some specific product lines. These product lines focus on designing, manufacture, marketing & sale of optics & photonics solutions in select non-telecom markets.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.