The stocks of NOK have been given a rating of “hold” by around sixteen different analysts who covered the company. According to a report, one of the research analysts who covered the stock gave it a rating of sell, while nine others have given it a rating of hold. Six other analysts have provided the company with a rating of buy. Currently, the price target on NOK has been set at $5.50 calculated over a year.
The Stock Commentary On NOK
There have been quite a few research firms that have had reports on the stocks of NOK. DNB Markets has already reduced the rating of the company from buy to sell in a 28th January research note. Deutsche Bank has also given the company a rating of buy in a 5th February research report.
UBS Group has also put up a rating of buy on the company in a 13th January research report. Credit Suisse Group has gone ahead to put up a rating of neutral in a 14th December note, while DZ Bank has gone from a rating of sell to a rating of hold in a Wednesday report.
The stocks of NOK traded on Friday at $0.09. The market cap of the firm has been fixed at $22.81 billion, with a 27.07 PE ratio along with a 12.25 PEG ratio. The year low of the company has been set at $2.94, while the year high has been fixed at $9.79. The quick ratio of the company is 1.29, with a 1.53 current ratio. The moving average price of the company over 50 days is $4.07, while the moving average price of the company over two-hundred days is $4.04.
NOK did publish its previous results on earnings on the 3rd of February. The EPS reported by the company for the quarter was $0.17- which was more than the consensus estimate of around $0.13. The revenue generated by the company for the quarter was $7.83 billion, which was more than the consensus sum of $7.56 billion.
