Nokia Corp (ADR) (NYSE:NOK) has been downgraded to Buy in a report by Goldman Sachs Group Inc. today.
- Updated: October 13, 2016
Yesterday Nokia Corp (ADR) (NYSE:NOK) traded -3.64% lower at $4.91. The company’s 50-day moving average is $5.64 and its 200-day moving average is $5.67. The last closing price is down -13.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 17,441,670 shares of Nokia Corp (ADR) traded, up from an avg. volume of 11,441,500
Goldman Sachs Group Inc. has downgraded Nokia Corp (ADR) (NYSE:NOK) to Buy in a report released on 10/13/2016.
Recent Performance Chart
Nokia Corp (ADR) has PE ratio of 27.10 with a one year low of $4.88 and a one year high of $7.63 and has a market capitalization of $0.
A total of 10 analysts have released a research note on the company. 5 brokerages rating the company a strong buy, four firms rating the stock a buy, 6 brokers rating the stock a hold, 1 firm rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $7.04.
More About Nokia Corp (ADR) (NYSE:NOK)
Nokia Corporation is a global provider of network infrastructure and related services, with a focus on mobile broadband, as well as advanced technology development and licensing. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Mobile Broadband, Global Services, Nokia Networks Other and Nokia Technologies. Mobile Broadband provides mobile operators with network solutions for mobile voice and data services through its Radio and Core business lines. Global Services provides mobile operators with services to create and maintain networks. Nokia Networks Other includes net sales and related cost of sales and operating expenses of non-core businesses. Nokia Technologies focuses on technology development and licensing. The Radio business consists of second generation (2G) to fifth generation (5G) technology generations. The Core business has a mobile switching portfolio, as well as voice and packet core solutions.
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