Brokerages Set Nokia Oyj (NOKIA) Price Target at $5.65

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Turning to Nokia Corporation (NYSE:NOK), its shares were trading at $5.26 a gain of $0.04, on the trading floor. Stock exchanged hands with the total volume of 3.20 Million shares, as contrast to its average volume of 5.57 Million shares. The stock has an average rating of Hold and an average price target of $9.66.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that calculates the speed and change of price movements. The RSI oscillates between zero and 100. Usually the RSI is considered overbought when above 70 and oversold when less than 30.

Several other research analysts also recently commented on the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Analysts mean target price for Optical Cable Corporation (NASDAQ:OCC) is $33.00 while their mean recommendation is 2.00 (1=Buy, 5=sell). Vetr raised shares of Nokia Oyj from a "buy" rating to a "strong-buy" rating and set a $5.43 price target on the stock in a research report on Thursday, December 29th.

Several large investors have recently bought and sold shares of NOK. Thus the company showed an Earnings Surprise of 62.5 Percent. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Beta factor is used to measure the volatility of the stock.

EPS growth in next year is estimated to reach 31.82% while EPS growth estimate for this year is set at -143.40%.

The stock now has its Annual Dividend of $0.18 and an annual Dividend Yield of 3.42 Percent.

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The earnings of Nokia Corporation (NOK) are forecasted by the analysts to move at $0.03 in current quarter, from $0.03 a year-ago quarter.

The company is expected to report earnings of $0.03 a share for the next quarter.

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Deutsche Bank AG set a €4.80 ($5.11) price target on Nokia Oyj and gave the company a "buy" rating in a research note on Friday, February 3rd.

The company reported an impressive total revenue of 23.61 Billion in the last fiscal year. The company's market cap is $27.92 billion.

A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders. Nokia Oyj (ADR) (NYSE:NOK)'s distance from 20 day simple moving average is -2.61% whereas its distance from 50 day simple moving average is 0.50% along with 1.22% distance from 200 day simple moving average. The stock hit its 52-week high price on 4/19/16 and 52-week low price on 11/15/16. While some analysts have a High Price target for the stock of $7.97 and a Low Price Target of $4. BMO Capital Downgrades Nokia Corporation (NOK) to Market Perform with no specific Price Target. The company now has a Return on Equity (ROE) of -3.90% and a Return on Investment (ROI) of -2.60%. This rating was issued on 2/21/17. Teachers Advisors LLC now owns 4,493,847 shares of the technology company's stock valued at $26,019,000 after buying an additional 2,759,787 shares during the last quarter.

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