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Main » Brokers Ratings on: Nokia Corporation (NYSE:NOK)

Brokers Ratings on: Nokia Corporation (NYSE:NOK)

08 December 2017

The relative volume of the stock is 1.07 while its market cap is $27.42 billion. The stock's market capitalization is $36.88 billion.

ATR value of the company was 0.10 and Relative Strength Index (RSI) was 31.32. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

BNP Paribas cut shares of Nokia (NYSE:NOK) from a neutral rating to an underperform rating in a research report sent to investors on Monday morning, MarketBeat Ratings reports. Vetr raised shares of Nokia from a "buy" rating to a "strong-buy" rating and set a $7.22 price target on the stock in a research note on Wednesday, August 9th. The trading of the day started with the price of the stock at $4.7. Its shares are now trading at $250.3 apiece.

Basically, a price target is an individual analyst's projection on the future price of a stock. It has a target price of $5.97 (IPO Date). While talking about Performance of the Stock, Nokia Corporation now has a Weekly performance of -5.98%, monthly performance percentage is -7.27 percent, Quarterly performance is -23.75 percent, 6 months performance shows a percent value of -27.61% and Yearly Performance is 3.28 percent. The firm owned 528,760 shares of the technology company's stock after selling 162,959 shares during the quarter. Earnings per share serves as an indicator of a company's profitability. So far this year, the stock had gone up by 22.68%.

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It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. During the same quarter in the previous year, the firm posted $0.03 EPS. According to the Analysts, the Low Earnings estimate for the current quarter is $0.79, while the High earnings estimate is $0.79.Comparatively, EPS for the same quarter previous year was $0.

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.

According to 30 analysts, the Average Revenue Estimate for the current Fiscal quarter is $10.45 Billion and the Low Revenue estimate is $10.32 Billion, while the High Revenue estimate is $10.64 Billion. The business's revenue for the quarter was down 7.0% on a year-over-year basis.

A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. As for the shares, it has gone above the 20 days moving average and is now hovering within a distance of 2.45%. If we checked progress of the long term moving average 200 SMA, then we noticed downtrend created which can be described as recent trading price is below the 200 SMA level. The NOK switched 4.89% away from its 52 week minimum and distanced -29.02% from its 52 week peak.

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A statistical measure of the dispersion of returns (volatility) for NOK producing salvation in Investors mouth, it has week volatility of 1.57% and for the month booked as 1.38%.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Analysts have a mean recommendation of 2.60 on this stock.

Nokia Corporation (NOK) has an Analysts' Mean Recommendation of 2.6, according to data compiled by Finviz. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. Stifel Financial Corp boosted its position in Nokia Oyj by 0.6% in the first quarter. The regular trading started at $254.06 but as the trading continued, the stock receded, settling the day with a fall of -1.2%. This analysis is focused on overall picture of trading activity. About 7.71M shares traded.

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