Home / Tech & Systems / Communication Equipment Stocks in Focus: Nokia (NYSE:NOK), QUALCOMM (NASDAQ:QCOM)

Communication Equipment Stocks in Focus: Nokia (NYSE:NOK), QUALCOMM (NASDAQ:QCOM)

Nokia Corporation (NYSE:NOK) [Trend Analysis] luring active investment momentum, shares a gain 1.77% to $5.76.Nokia (NOK) released that its Threat Intelligence Report for first half of 2016 has revealed that malware on mobile devices surged by 96 per cent with April showing an all-time high. Overall infections stood at 0.49 per cent in the first half of 2016 vs the 0.25 per cent infections in the second half of 2015.

According to Nokia’s report, smartphones accounted for 78% of all mobile network infections and malware on phones has become “more sophisticated.” Nokia’s half-yearly looks for malware infections in devices connected through mobile and fixed networks. According to the report, smartphone infections around doubled among January and July compared to the latter half of 2015, with smartphones accounting for 78 percent of all mobile network infections.The report says April was the worst month for infections, with over 1.06 percent of all mobile devices tracked by Nokia being affected. The total volume of 5.51 Million shares held in the session was surprisingly higher than its average volume of 11925.32 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -53.90%, and looking additional price to next year’s EPS is 53.08%. While take a short look on price to sales ratio, that was 1.65.

Several matter pinch shares of QUALCOMM Incorporated (NASDAQ:QCOM) [Trend Analysis], as shares moving down -0.19% to $63.35 with a share volume of 6.31 Million. Qualcomm (QCOM) released that its first virtual reality (VR) reference platform for its Qualcomm Snapdragon VR820 headset. The firm revealed the product at IFA 2016 in Berlin, Germany. Qualcomm’s platform is built upon the Snapdragon VR Software Development Kit (SDK) that enables OEMs and developers to improve VR performance and power efficiency. Snapdragon VR820 headset runs the recent Snapdragon 820 processor and enables OEMs to develop standalone head mounted displays (HMDs) optimized for VR content and applications.

The senior VP and GM, IoT, Qualcomm Technologies International, Ltd, Anthony Murray stated that the Snapdragon VR820 integrates key technologies and features for an exceptional VR experience and offers a springboard for OEMs and developers to usher in the next generation of truly portable and untethered devices that they think are necessary for mass consumer adoption of VR. The stock is going forward its 52-week low with 54.13% and moving down from its 52-week high price with -0.25%. To have technical analysis views, liquidity ratio of a firm was calculated 3.10 as evaluated with its debt to equity ratio of 0.38. The float short ratio was 1.47%, as compared to sentiment indicator; Short Ratio was 2.47.


About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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