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NEW YORK ( TheStreet) -- Nokia Oyj (NYSE: NOK) hit a new 52-week low Monday as it is currently trading at $2.19, below its previous 52-week low of $2.30 with 11.2 million shares traded as of 10 a.m. ET. Average volume has been 41.4 million shares over the past 30 days. Nokia Oyj has a market cap of $8.91 billion and is part of the technology sector and telecommunications industry. Shares are down 50.6% year to date as of the close of trading on Friday. 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.