Tii Network Technologies, Inc. Stock Price Moves Up
18 May 2010

Tii Network Technologies, Inc. (NASDAQ:TIII) made a big price jump on the market. Yesterday the stock opened at $1.39 and the price rose up $0.17 by the end of the day. 

* Price change +12.23%

* Market cap 22.17m

* Price resistance level at 1.40

* Uptrend occurred and volume increased

* Average volume for 3 months over 34 thousand traded shares

This year TIII net sales increased 34.7% compared to the year before. Though the gross profit in 2009 was 23.2% less than its gross profit in 2008, currently its stock price rises up. The company relies on its new products as an innovation in the industry. Also TIII balance sheet remains strong and sales levels keep moving up.

Tii Network Technologies, Inc. is engaged in the designing, manufacturing and sale of products to service providers in the communications industry for use in their networks. The company competes with Corning Cable Systems LLC, Tyco Electronics Corp, Bourns, Inc., American Power Conversion Corp., etc.  Management expectations are higher compared to the year before, but still they depend on the sales released.

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