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 higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.4%. By the end of trading, Nokia Oyj rose 6 cents (1.6%) to $3.82 on average volume. Throughout the day, 58 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 47.1 million shares. The stock ranged in a price between $3.79-$3.88 after having opened the day at $3.84 as compared to the previous trading day's close of $3.76. Other companies within the Telecommunications industry that increased today were:
), up 17.6%,
), up 12.7%,
), up 8.5%, and
), up 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 $14.21 billion and is part of the technology sector. Shares are down 20.5% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Nokia Oyj a buy, nine analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates Nokia Oyj as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.
- You can view the full Nokia Oyj Ratings Report.
On the negative front,
), down 9.6%,
), down 4.7%,
), down 4.3%, and
), down 4%, were all laggards within the telecommunications industry with
) 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
) while those bearish on the telecommunications industry could consider
- Find other investment ideas from our top rated ETFs lists.
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