10 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 7306.7 million while high and low sale targets are estimated at 7862.78 million and 6501 million respectively. Creative Planning raised its stake in Nokia Corporation by 3.6% in the first quarter. The company holds 5.85 billion outstanding shares and 5.78 billion shares are floating in market. Comerica Bank now owns 336,362 shares of the technology company's stock worth $1,598,000 after buying an additional 40,099 shares during the last quarter. The Massachusetts-based Granite Point Capital Management L.P. has invested 0.85% in the stock. Stifel Financial Corp boosted its position in Nokia Corporation by 0.6% in the first quarter. The stock exchanged hands 11.46 Million shares versus average trading capacity of 14.49 Million shares, yielding a market cap of $36.57 Billion. Carl Domino Inc boosted its position in Nokia Corporation by 2.2% in the first quarter.
During last 5 trades the stock sticks nearly -2.45%. Parametric Portfolio Associates LLC now owns 2,735,178 shares of the technology company's stock worth $16,849,000 after buying an additional 535,703 shares during the last quarter. Finally, Opera Trading Capital bought a new stake in shares of Nokia Corporation during the second quarter valued at $2,772,000.
Nokia Corporation (NYSE:NOK) cut down amount of noise on price chart, shares of firm has 20 days moving average price of 0.23% from last close price of 6.36 and act as support or resistance of price limit. The company had a trading volume of 8,988,661 shares.
Market Capitalization can be thought of as the overall price to buy the company. We have seen the price to move -1.73% lower and get settled at $6.25 on 8/10/2017.
Nokia Corporation (NYSE:NOK) last posted its quarterly earnings data on Thursday, July 27th. The firm had revenue of $5.63 billion during the quarter, compared to analysts' expectations of $5.64 billion. Nokia Corporation had a positive return on equity of 8.20% and a negative net margin of 1.78%. The firm's revenue for the quarter was up.8% compared to the same quarter previous year. During the same quarter in the prior year, the company earned $0.03 EPS. Analysts anticipate that Nokia Corporation will post $0.29 earnings per share for the current year.
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Several equities research analysts recently weighed in on the company. Wells Fargo & Company reiterated a "market perform" rating on shares of Nokia Corporation in a research note on Friday, June 16th. BMO Capital Markets set a $6.00 price target on Nokia Corporation and gave the company a "hold" rating in a research report on Wednesday, July 26th. Citigroup Inc. started coverage on Nokia Corporation in a research note on Thursday, June 8th. Share performance for the month is now at -1.42%.
02/02/2017 - Nokia Corporation had its "perform" rating reiterated by analysts at Oppenheimer. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. The recent change has given its price a -1.58% deficit over SMA 50 and -6.02% deficit over its 52-week high.
The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Company's business processes, vendor and electronic payment management software and behavioral science analytics manage outcomes for marketplace participants.