Nokia Corporation (NOK) Getting Somewhat Favorable News Coverage, Accern Reports
Press coverage about Nokia Corporation (NYSE:NOK) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nokia Corporation earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.2699037152752 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Nokia 5 will Finally Go on Sale in India for Rs 12,499 from Aug 15 (techpp.com)
- Nokia Premiere Pro: 8GB RAM, SnD 836 SoC, Dual cameras (pricepony.com.ph)
- Nokia 8 Launch Rumours: Live Stream, Release Date, Price, Features & Specs (techadvisor.co.uk)
- Nokia is knocking at the door but will Ugandans embrace it once again? (techjaja.com)
- Nokia 8 Flagship Smartphone Preview: Specifications, Price, Release Date (techtweetzz.com)
Shares of Nokia Corporation (NOK) remained flat at $6.33 on Tuesday. 5,117,092 shares of the stock traded hands. Nokia Corporation has a 52 week low of $4.04 and a 52 week high of $6.65. The company’s market capitalization is $35.78 billion. The firm has a 50 day moving average of $6.31 and a 200-day moving average of $5.79.
Nokia Corporation (NYSE:NOK) last announced its earnings results on Thursday, July 27th. The technology company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05. The business had revenue of $5.63 billion during the quarter, compared to the consensus estimate of $5.64 billion. Nokia Corporation had a negative net margin of 1.78% and a positive return on equity of 8.20%. Nokia Corporation’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 EPS. On average, analysts forecast that Nokia Corporation will post $0.29 earnings per share for the current year.
A number of equities research analysts recently issued reports on NOK shares. Zacks Investment Research upgraded shares of Nokia Corporation from a “sell” rating to a “hold” rating in a report on Monday, May 1st. BidaskClub upgraded shares of Nokia Corporation from a “hold” rating to a “buy” rating in a report on Sunday, July 16th. BMO Capital Markets reiterated a “market perform” rating and issued a $6.00 price objective on shares of Nokia Corporation in a report on Wednesday, May 24th. Credit Suisse Group AG reiterated an “outperform” rating and issued a $5.75 price objective on shares of Nokia Corporation in a report on Thursday, July 6th. Finally, Vetr upgraded shares of Nokia Corporation from a “buy” rating to a “strong-buy” rating and set a $7.08 price objective for the company in a report on Wednesday, July 5th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Nokia Corporation currently has a consensus rating of “Hold” and an average price target of $6.24.
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About Nokia Corporation
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company’s businesses include Nokia Networks and Nokia Technologies. The Company’s segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.
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