Nokia Oyj (NYSE:NOK – Get Free Report) was the target of unusually large options trading activity on Monday. Stock investors bought 11,213 call options on the company. This represents an increase of 63% compared to the average volume of 6,868 call options.
Analysts Set New Price Targets
A number of equities analysts have issued reports on NOK shares. JPMorgan Chase & Co. lowered their target price on Nokia Oyj from $4.39 to $4.26 and set a “neutral” rating for the company in a report on Tuesday, April 16th. StockNews.com raised Nokia Oyj from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Nokia Oyj has an average rating of “Hold” and a consensus price target of $4.42.
Get Our Latest Stock Analysis on Nokia Oyj
Institutional Investors Weigh In On Nokia Oyj
Nokia Oyj Stock Up 3.2 %
NOK stock opened at $3.90 on Tuesday. Nokia Oyj has a twelve month low of $2.94 and a twelve month high of $4.36. The company has a market cap of $21.54 billion, a price-to-earnings ratio of 24.38, a P/E/G ratio of 1.19 and a beta of 1.10. The company has a quick ratio of 1.40, a current ratio of 1.64 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average price of $3.78 and a two-hundred day moving average price of $3.60.
Nokia Oyj (NYSE:NOK – Get Free Report) last issued its earnings results on Thursday, April 18th. The technology company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.04. The business had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $5.19 billion. Nokia Oyj had a net margin of 3.90% and a return on equity of 8.39%. Analysts anticipate that Nokia Oyj will post 0.38 EPS for the current fiscal year.
Nokia Oyj Company Profile
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission.
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