Boston, MA 06/06/2013 (wallstreetpr) – The share prices of Juniper Networks Inc. (NYSE:JNPR) had surged by 6.61 percent to close at $18.54 per share for the end of last trading session on Wednesday. The shares of the company had been trading in the range of $17.22 to $18.68 per share during the day. The shares of Juniper Networks Inc. (NYSE:JNPR) had recorded 52 week high price level of $22.98 per share and 52 week low price level of $14.01 per share.
Juniper Networks Inc. (NYSE:JNPR) is involved in production, marketing and sales of products and services which are aimed at providing network infrastructure to customers. The company operates its business through two major segments namely Infrastructure Segment and Service Layer Technologies segment.
Juniper Networks Inc. (NYSE:JNPR) had recently been chosen by the Indian gold loan company, Muthoot Groups for providing network infrastructure services to its core banking system which was developed recently. Muthoot Group had thereby installed Juniper’s SRS series Services Gateways and EX Series Ethernet Switches at its data centers and branches in order to ensure secure and faster service delivery service across branches.
The shares of Juniper Networks Inc. (NYSE:JNPR) had been witnessing heavy trading volumes at nearly twice the average volume. The shares of the company witnessed the trade of 16.78 million shares on Wednesday, while the average trading volume is at 8.23 million shares per day.
Juniper Networks Inc. (NYSE:JNPR) presently holds 506.25 million shares outstanding in the market with an institutional ownership of 90 percent of its holdings.