Media stories about Nokia Corporation (NYSE:NOK) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nokia Corporation earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.4768464022196 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment’s rankings:

Shares of Nokia Corporation (NOK) traded down 1.73% during trading on Thursday, reaching $6.25. The company had a trading volume of 11,460,317 shares. The firm has a 50 day moving average price of $6.31 and a 200 day moving average price of $5.74. Nokia Corporation has a 12 month low of $4.04 and a 12 month high of $6.65. The company’s market cap is $35.32 billion.

Nokia Corporation (NYSE:NOK) last released its quarterly earnings results on Thursday, July 27th. The technology company reported $0.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.05. The firm had revenue of $5.63 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Nokia Corporation had a negative net margin of 1.78% and a positive return on equity of 8.20%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.03 EPS. Analysts predict that Nokia Corporation will post $0.29 earnings per share for the current year.

A number of analysts have weighed in on the company. Vetr raised Nokia Corporation from a “buy” rating to a “strong-buy” rating and set a $7.22 price target for the company in a research report on Wednesday. Zacks Investment Research cut Nokia Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday. Credit Suisse Group reaffirmed a “neutral” rating on shares of Nokia Corporation in a research report on Sunday, July 30th. BidaskClub raised Nokia Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a $7.00 price target on shares of Nokia Corporation in a research report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Nokia Corporation has a consensus rating of “Hold” and a consensus 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.

Insider Buying and Selling by Quarter for Nokia Corporation (NYSE:NOK)

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