NEW YORK (AVAFIN) -- In an effort to determine if stock trades will be profitable, investors often assess block trades data used by both large and
small institutions. By the end of the market session, financial institutions exchanged 265 block trades.
Further analysis into yesterdays's trading activity reveal that 2,209,797 shares were bought and 2,472,157
shares were sold, yielding a 0.89 bought/sold ratio.
On the options side, investors traded a total of 59,057 contracts.
Specifically, 46,752 call and 12,305 put contracts were traded yesterday yielding a 0.26
NSN has shown decent operating margin improvement in recent quarters, which bodes well for the company to succeed as a sustainable business.
Additionaly, Despite smartphone market share losses, Nokia is still a massive player in the mobile phone market, fueled by the demand for its inexpensive basic phones in geographies with price-sensitive consumers.
Nokia Corporation is trading at $3.37, up $0.08 (+2.43%) in today's trading session.
The daily low is $3.30 and the high is $3.39. The trading volume of 17M is below
the average volume of 54M shares. NOK is trading below the 50 day moving
average and higher than the 200 day moving
average. The stock's 52 week low is $1.63 and 52 week high is $5.18. To date, the stock has gained 0.92% within the last week.
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