Press coverage about Nokia Oyj (NYSE:NOK) has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nokia Oyj earned a news impact score of 1.00 on their scale. InfoTrie also gave media coverage about the technology company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have impacted Nokia Oyj’s analysis:

Shares of NOK stock opened at $4.97 on Friday. Nokia Oyj has a 52 week low of $4.71 and a 52 week high of $6.65. The company has a market capitalization of $28.74 billion, a PE ratio of 18.41 and a beta of 0.27. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.31 and a quick ratio of 1.05.

Nokia Oyj (NYSE:NOK) last announced its quarterly earnings results on Thursday, April 25th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). Nokia Oyj had a positive return on equity of 6.97% and a negative net margin of 2.65%. The company had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.12 billion. During the same quarter in the prior year, the firm earned $0.02 earnings per share. The business’s revenue was up 2.2% compared to the same quarter last year. Equities research analysts anticipate that Nokia Oyj will post 0.24 EPS for the current fiscal year.

A number of analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Nokia Oyj from a “sell” rating to a “hold” rating in a research note on Thursday, April 4th. TheStreet lowered shares of Nokia Oyj from a “b-” rating to a “c+” rating in a research note on Wednesday, April 3rd. Nordea Equity Research upgraded shares of Nokia Oyj from a “hold” rating to a “buy” rating in a research note on Monday. Goldman Sachs Group lowered shares of Nokia Oyj from a “neutral” rating to a “sell” rating and set a $5.72 price target for the company. in a research note on Monday, April 15th. Finally, ValuEngine lowered shares of Nokia Oyj from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. Five research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $6.83.

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Nokia Oyj Company Profile

Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals, including public safety and Internet of Things (IoT).

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