Nokia Corporation (NYSE:NOK) Comeback Under HMD Global Is One Of Most Anticipated Events Of The Year

Nokia Corporation (NYSE:NOK) [Trend Analysis] moved up reacts as active mover, shares an increase 0.41% to traded at $4.86 and the percentage gap between open changing to regular change was 0.21%. Nokia’s (NOK) comeback under HMD Global is one of the most anticipated events of the year, and the company’s leaked roadmap earlier suggested that it would launch five Android smartphones in 2017.

Now, a fresh leak hints that HMD Global looks to unveil as many as six to seven Nokia Android smartphones before the end of this year. Furthermore, the company also plans to re-introduce a series of Nokia feature phones in the market. Earlier, it was declared that HMD Global would look to populate the market with five Nokia Android smartphones, two of which would arrive before the second quarter ends.

However, it now looks like the company will be aggressive in pushing out products in 2017. Nokia mpower user leaked a slide, allegedly from a distributor, showing that HMD Global plans to release a total of six to seven smartphones before the end of 2017. Alongside, it was also written that a ‘series of attractive Nokia feature phones’ will also be launched to maintain the market share.

The firm’s current ratio calculated as 1.60 for the most recent quarter. The firm past twelve months price to sales ratio was 1.31 and price to cash ratio remained 2.81. As far as the returns are concern, the return on equity was recorded as -11.10% and return on investment was 10.60% while its return on asset stayed at -4.90%. The firm has total debt to equity ratio measured as 0.22.

GSI Technology, Inc. (NASDAQ:GSIT) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.99% to $6.12. GSI Technology, Inc. (NASDAQ: GSIT) recently declared that Mr. Douglas Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales, will present at the 19th Annual Needham Growth Conference in New York at 1:30 p.m. (ET), on Wednesday, January 11, 2017.

Needham & Company’s 19th Annual Growth Conference (NGC) gives institutional investors, private equity firms and venture capitalists access to over 330 companies from a broad range of industries including communications & enterprise infrastructure; healthcare; industrial technology; Internet, entertainment & consumer; semiconductors & semiconductor equipment; and software & services. The conference will be held January 10-12, 2017 at the Lotte New York Palace Hotel, 455 Madison Ave, New York. The share price of GSIT attracts active investors, as stock price of week volatility recorded 2.27%. The stock is going forward to its 52-week low with 83.78% and lagging behind from its 52-week high price with -3.47%.

 

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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