As of February 28th, there was short interest totalling 36,723,502 shares, a growth of 15.7% from the February 15th total of 31,742,982 shares. Based on an average daily trading volume, of 13,465,511 shares, the days-to-cover ratio is presently 2.7 days.
As for as concerns shares volumes, in share of capital Nokia Corporation (NYSE:NOK) has 5838.99 million outstanding shares among them 5756.45 million shares have been floated in market exchange.
The 52-week high of the share price is -39.64% and 52-week low of the share price is 6.97%. The stock's 50 day moving average is $5.06 and its 200 day moving average is $4.97.
In case of Revenue Estimates, 30 analysts have provided their consensus Average Revenue Estimates for Oracle Corporation as 10.62 Billion.
Nokia Corp (NYSE:NOK) last released its earnings results on Thursday, February 2nd.
Nokia Corporation (ADR) (NYSE:NOK) yearly performance is -4.99% and net profit margin is -3.20%. The business earned $6.72 billion during the quarter, compared to analyst estimates of $7.35 billion. Nokia's head of mobile networks, the division which accounted for more than half of Finnish telecom network equipment maker's sales past year, is leaving the company. According to the Analysts, the Low Earnings estimate for the current quarter is $0.02, while the High earnings estimate is $0.05.Comparatively, EPS for the same quarter past year was $0.05.
Several brokerages have weighed in on NOK. Additionally, Natixis Bleichroeder Upgrade its ratings on the stock to Buy. These price targets are a consensus analysis of 13 brokers. Craig Hallum assumed coverage on Nokia Corp in a report on Tuesday, February 21st. The stock's market capitalization is $31.23 billion.
Nokia Corporation (NYSE:NOK) now has a High Price Target of $7.82.
When we look at the Analyst Recommendations of the stock, the company has 2.45 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. The stock now has an average rating of "Hold" and an average target price of $9.62. The company's stock has climbed 5.87 percent in the past five year. When we look at the Volatility of the company, Week Volatility is at 1.05% whereas Month Volatility is at 1.23%. BNP Paribas Arbitrage SA raised its position in Nokia Corp by 40.5% in the third quarter. BNP Paribas Arbitrage SA now owns 79,874 shares of the technology company's stock valued at $462,000 after buying an additional 23,020 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of Nokia Corp by 2.0% in the third quarter. Tocqueville Asset Management L.P. now owns 2,724,495 shares of the technology company's stock worth $15,775,000 after buying an additional 542,800 shares during the last quarter. Prospera Financial Services Inc increased its position in shares of Nokia Corp by 5.6% in the third quarter.
Some buy side analysts are also providing their Analysis on Oracle Corporation, where 8 analysts have rated the stock as Strong buy, 14 analysts have given a Buy signal, 12 said it's a HOLD, 3 reported it as Underperform and 0 analysts rated the stock as Sell. Finally, BLB&B Advisors LLC increased its position in shares of Nokia Corp by 19.8% in the third quarter. In the last five years, the company's full-year sales growth remained over 8.10% a year on average and the company's earnings per share moved up by an average rate of 17.70%.
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. There will be an executive shuffle and Nokia will separate its current Mobile Networks business group into two organizations.