Stock Price of Nokia Corporation (NOK) Increases 1.04%

Nokia Corporations in-depth stock price analysis indicates that the stock price has rallied 17.31% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -14.24% . Looking at the past 52 week period, the stock price is down -16.72% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Nokia Corporation has a negative value of -18.61 compared to overall market performance. Nokia Corporation (NYSE:NOK) has climbed 1.04% in the past week and advanced 2.74% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.22% and the outperformance has advanced to 0.9% for the last 4 weeks period.

Nokia Corporation (NYSE:NOK) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.2% at $4.88 with 6,968,624 shares getting traded. Post opening the session at $4.89, the shares hit an intraday low of $4.86 and an intraday high of $4.91 and the price was in this range throughout the day. The company has a market cap of $28,480 million and the number of outstanding shares has been calculated to be 5,836,055,000 shares. The 52-week high of Nokia Corporation (NYSE:NOK) is $6.31 and the 52-week low is $4.04.

Nokia Corporation (ADR) Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.07. The company had revenue of $6715.00 million for the quarter, compared to analysts expectations of $6764.97 million. The companys revenue was down -13.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Nokia Corporation (ADR) was Upgraded by Morgan Stanley to Overweight on Feb 7, 2017. Nokia Corporation (ADR) was Downgraded by Danske Bank to Sell on Jan 25, 2017. Nokia Corporation (ADR) was Upgraded by Natixis Bleichroeder to Buy on Jan 13, 2017. Nokia Corporation (ADR) was Downgraded by Oppenheimer to Perform on Jan 3, 2017. Nokia Corporation (ADR) was Downgraded by BofA/Merrill to Neutral on Nov 15, 2016.

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.

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