NOKIANEWS - News of the Nokia

Nokia down 2.34% in premarket trading

30. 01. 2024 Tuesday / By: Robert Denes / Business / Exact time: BST / Print this page

N okia was lower on Tuesday morning, with shares down -2.34% to 3.76 in pre-market trading. NOK's short-term technical score of 13 indicates that the stock has traded lower than 87% of stocks in the market over the past month.

In the communications equipment industry, ranked 115th out of 146 industries, Nokia Oyj has over 19% of the shares. Nokia Oyj rose 12.57% in the last month to close at $3.41 on January 2nd. During that period, the stock fell to $3.35 and $3.85. NOK has an average analyst recommendation of Sell. The company has an average price target of $4.53.

Nokia Oyj has a long-term technical rank of 24. This means that over the past 200 trading days, the company has been in the lower half of the stock, with 76% of the market scoring higher. In the Communications Equipment industry, ranked 111th by this metric, NOK is ranked better than 111% of stocks.

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