News coverage about Nokia Oyj (NYSE:NOK) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Nokia Oyj earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 44.9814452926008 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

Nokia Oyj (NYSE NOK) opened at $4.90 on Monday. Nokia Oyj has a 52 week low of $4.50 and a 52 week high of $6.65. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.33 and a current ratio of 1.59. The stock has a market cap of $28,087.53, a price-to-earnings ratio of -43.73, a PEG ratio of 1.33 and a beta of 1.29.

Nokia Oyj (NYSE:NOK) last posted its quarterly earnings data on Thursday, October 26th. The technology company reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.05. Nokia Oyj had a negative net margin of 2.09% and a positive return on equity of 9.88%. The company had revenue of $5.54 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the prior year, the company posted $0.04 earnings per share. Nokia Oyj’s revenue for the quarter was down 7.0% compared to the same quarter last year. sell-side analysts forecast that Nokia Oyj will post 0.33 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on NOK shares. Canaccord Genuity dropped their target price on shares of Nokia Oyj from $7.00 to $5.50 and set a “hold” rating on the stock in a report on Friday, October 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Nokia Oyj in a report on Friday, October 27th. Argus lowered shares of Nokia Oyj from a “buy” rating to a “hold” rating and upped their price target for the company from $4.76 to $4.91 in a research note on Monday, October 30th. Goldman Sachs Group reiterated a “neutral” rating on shares of Nokia Oyj in a research note on Thursday, January 18th. Finally, Credit Suisse Group lowered shares of Nokia Oyj from an “outperform” rating to a “neutral” rating and upped their price target for the company from $4.89 to $5.00 in a research note on Friday, January 5th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $5.51.

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About Nokia Oyj

Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company’s businesses include Nokia Networks and Nokia Technologies. The Company’s segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

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