Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Nokia Oyj fell $0.14 (-3.9%) to $3.47 on average volume. Throughout the day, 34,727,345 shares of Nokia Oyj exchanged hands as compared to its average daily volume of 38,647,400 shares. The stock ranged in price between $3.47-$3.62 after having opened the day at $3.62 as compared to the previous trading day's close of $3.61. Other companies within the Telecommunications industry that declined today were:
), down 12.9%,
), down 9.2%,
), down 6.8% and
), down 5.5%.
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Nokia Corporation operates as a mobile communications company worldwide. It operates in three segments: Devices & Services, HERE, and Nokia Siemens Networks. Nokia Oyj has a market cap of $13.4 billion and is part of the technology sector. Shares are down 9.1% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Nokia Oyj a buy, 7 analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity.
- You can view the full Nokia Oyj Ratings Report.
On the positive front,
), down 11.8%,
), down 6.3%,
), down 5.6% and
), down 5.5% , were all gainers within the telecommunications industry with
) being today's featured telecommunications industry leader.
- 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
) while those bearish on the telecommunications industry could consider
- Find other investment ideas from our top rated ETFs lists.
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