Brocade Communications Systems Inc Stock Alert

Brocade Communications Systems options considered prominent activity today. A total of 16 534 sales contracts and 3,500 calls traded prominently raise / call alert volume. Put traded today is called the coefficient of 4.72. 4.72 puts traded for every call contract.

Brocade Communications Systems is currently below its 50-day moving average of $ 6.10 and below its 200 day moving average of $ 7.27.

"BRCD recently reported financial results for its second fiscal quarter ended May 1, 2010. BRCD recorded quarterly revenues of $501 million or a decrease of 1% year-over-year, resulting in a diluted earnings per share (EPS) of $0.05 on a GAAP basis and $0.13 on a non-GAAP basis.