Nokia Oyj (NOK): Today's Featured Telecommunications Winner

Nokia Oyj (NOK) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.2%. By the end of trading, Nokia Oyj rose 24 cents (11.1%) to $2.41 on heavy volume. Throughout the day, 92.1 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 39.1 million shares. The stock ranged in a price between $2.24-$2.41 after having opened the day at $2.29 as compared to the previous trading day's close of $2.17. Other companies within the Telecommunications industry that increased today were: Blonder Tongue Laboratories (BDR), up 22.5%, MERU Networks (MERU), up 12.1%, Nexxus Lighting (NEXS), up 11.1%, and Dialogic (DLGC), up 10.7%.

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Nokia Corporation provides telecommunications infrastructure hardware, software, and services worldwide. The company offers smart phones and smart devices; and feature phones, and related services and applications. Nokia Oyj has a market cap of $7.83 billion and is part of the technology sector. Shares are down 55% year to date as of the close of trading on Monday. Currently there are two analysts that rate Nokia Oyj a buy, seven analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

• You can view the full Nokia Oyj Ratings Report.

On the negative front, USA Mobility (USMO), down 17.7%, TeleCommunication Systems (TSYS), down 10.1%, Motricity (MOTR), down 9%, and Leap Wireless International (LEAP), down 7.3%, were all laggards within the telecommunications industry with Tim Holding Company (TSU) being today's telecommunications industry laggard.

• Use our telecommunications section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom (IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication (TLL).

• Find other investment ideas from our top rated ETFs lists.

For more information on Nokia Oyj click any of the following:

• Nokia Oyj Stock Price

• Nokia Oyj Analyst Ratings

• Nokia Oyj Key Stats & Profile

• Nokia Oyj Earnings

• Nokia Oyj Ratio Comparison

• Nokia Oyj Growth Rates

• Nokia Oyj Balance Sheet

• Nokia Oyj Cash Flow

• Nokia Oyj Income Statement