Nokia Corporation (NOK) Shares are Down -4.04%

Nokia Corporation (NOK) : During the past 4 weeks, traders have been relatively bearish on Nokia Corporation (NOK), hence the stock is down -1.53% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.54% relative to the S&P 500. The 4-week change in the price of the stock is -3.53% and the stock has fallen -4.04% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.97% and the 50-Day Moving Average is 4.07%.The 200 Day SMA reached 6.2% Nokia Corporation has dropped 0.91% during the last 3-month period . Year-to-Date the stock performance stands at -17.7%.


Nokia Corporation (NOK) : The consensus price target for Nokia Corporation (NOK) is $6.53 for the short term with a standard deviation of $1.04. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $8, however, the pessimist price target for the company is $5.

For the current week, the company shares have a recommendation consensus of Buy. Nokia Corporation (NYSE:NOK): stock was range-bound between the intraday low of $5.4 and the intraday high of $5.48 after having opened at $5.43 on Fridays session. The stock finally closed in the red at $5.43, a loss of -1.62%. The stock remained in the red for the whole trading day. The total traded volume was 14,984,867 shares. The stock failed to cross $5.48 in Fridays trading. The stocks closing price on Thursday was $5.47.

Nokia Corporation is a Finland-based telecommunication and network infrastructure company. The Company operates through two business segments: Nokia Networks and Nokia Technologies. Nokia Networks offers network infrastructure software, hardware and services, and is divided into Mobile Broadband and Global Services. Nokia Technologies develops and licenses technologies and manages an Intellectual Property (IP) portfolio of approximately 10,000 patent families consisted of approximately 30,000 individual patents and patent applications. The Company holds a majority stake in Alcatel-Lucent, among others, and owns operations and research and development (R&D) facilities in Europe, North America and Asia.

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