Home / Features / Nokia Corporation (NYSE:NOK) Rethinking to Involve in Smartphone Business Make New Thrust in Market- SeaDrill (SDRL)

Nokia Corporation (NYSE:NOK) Rethinking to Involve in Smartphone Business Make New Thrust in Market- SeaDrill (SDRL)

Shares of Nokia Corporation (NYSE:NOK) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -0.18% to close at $5.69. Nokia’s (NOK) much-anticipated return to smartphones is anticipated to happen later this year. Nokia had in May signed a deal with newly-formed Finnish manufacturer HMD Global to make Nokia-branded smartphones and tablets for the next 10 years. Since then, leaks of some top-end Nokia smartphones have made their way to the Web. And now, the two smartphones have surfaced on Geekbench revealing some questionable specification details.

The first Nokia-branded Android smartphone is named the Nokia 5320 on Geekbench, and it is powered by a quad-core processor paired with 2GB of RAM. Also, it seems to be running on a very old Android 4.4.4 KitKat operating system. The other one is called the Nokia RM-1490 and it is listed to be powered by a 500MHz AMD A8-5545M processor paired with 2GB RAM. This one runs on an even older Android 4.2.2 Jelly Bean operating system. These specifications are contradictory to past leaks. If true, these specifications are hardly anything to be excited about, and Nokia really needs to do some rethinking if it wants to recapture its lost charm. However, in all probability, these specs are just a test run, and the final spec sheet should look very different.

Moving forward to saw long-term intention, NOK; experts calculate Return on Investment of 10.60%. The stock is going forward its fifty-two week low with 18.30% and lagging behind from its 52-week high price with -21.24%. NOK last month stock price volatility remained 1.40%.

The price to current year EPS has -53.90%. To see more absolute value, taking notice on its price to next year’s EPS that cloud be 53.08%, according to Thomson Reuter.  Always volatility measures make charm for active trader; price volatility of stock was 1.20% for a week and 1.40% for a month. The price volatility’s Average True Range for 14 days was 0.10. On these bases, analysts would recommend this stock as an “Active Spinning Stocks.” NOK’s institutional ownership was registered as 4.40%. The firm attains analyst recommendation of 2.10 on scale of 1-5 with week’s performance of 0.35%.

SeaDrill Limited (NYSE:SDRL) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of remains unchanged to 2.61 with around 4.87 Million shares have changed hands in this session. Seadrill (SDRL) is rebounding after ending the previous session at a five-month closing low. The rebound by Seadrill comes after the company reported better than expected second quarter earnings and pointed to signs of stability in oil prices.

CEO of Per Wullf said in a statement that they have improved on the record uptime they achieved in the first quarter, reaching 98 percent economic utilization, whilst continuing to see their costs reduce quarter-over-quarter. While conditions remain “challenging,” volumes are returning to spot market, he said.

Seadrill expects Ebitda to drop to $380 million in the third quarter and total $1.8 billion this year, implying a further decline to $335 million in the fourth quarter. Analysts predict Ebitda of $393 million and $349 million this quarter and next, respectively, according to Bloomberg surveys. The stock is going forward its fifty-two week low with 66.24% and lagging behind from its 52-week high price with -68.25%.

Likewise the positive performance for the quarter recorded as -20.18% and for the year was -64.63%, while the YTD performance remained at -23.01%. SDRL has Average True Range for 14 days of 0.15.


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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