NEW YORK (AVAFIN) -- Institutional trading of Nokia Corporation shares yielded a bought/sold volume ratio of 0.83.
A total of 204 block trades crossed the tape, resulting in 2,342,064
shares on the buy side vs. 2,808,199 shares on the sell side. From a cash flow perspective,
this implies that there was a cash inflow of $9,262,687 and a cash outflow of $11,096,658.
The net cash flow for NOK is $1,833,971, demonstrating that institutions may
have negative outlook on the stock.
View all Block Trading Activities
Institutional investors also took positions in options where a total of 17,201 contracts
was traded. Specifically, 13,932 call and 3,269 put contracts were traded during the last
session yielding a 0.23 put/call ratio.
Nokia Corporation opened at $3.96 and the stock price declined $0.04 (1.01%)
to $3.94 during the market session. NOK is trading between the range of
$3.92 - $3.99. Within the last week, the shares have lost 0.00% of their value.
Volume is 15M in relation to the three month
average volume of 29M shares. NOK is trading above the 50
day moving average and higher than the 200 day moving average.
Nokia is the world's largest manufacturer of mobile devices and a leader in mobile network equipment and software. The company's mobile phones provide consumers with experiences in voice, video, gaming, navigation, imaging, and music. Through its 50%-owned Nokia Siemens Networks joint venture, the company provides equipment and services to network operators, service providers, and corporations.