Recommended Mix Momentum Stocks: Nokia Corporation (NYSE:NOK), WEC Energy Group (NYSE:WEC)

Nokia Corporation (NYSE:NOK) [Trend Analysis] luring active investment momentum, shares a gain 1.11% to $4.57. BOD of Nokia (NOK) authorized Nokia Equity Program for 2017 and the issuance of shares held by the company. Espoo, Finland – Nokia declared recently that its Board of Directors has authorized the company’s equity program for 2017. In line with previous years, the Nokia Equity Program 2017 includes the following equity instruments:

An employee share purchase plan for Nokia employees in selected jurisdictions, entitling the eligible employees to contribute a part of their salary to purchase Nokia shares. After a 12-month holding period, Nokia will offer the employees one matching share for every two purchased shares held by an employee at the end of the holding period. Performance shares, which are dependent on the achievement of independent performance criteria. Restricted shares, which are used on a limited basis or in exceptional retention and recruitment circumstances The total volume of 10.44 Million shares held in the session was surprisingly higher than its average volume of 12561.63 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -53.90%, and looking further price to next year’s EPS is 31.44%. While take a short look on price to sales ratio, that was 1.21.

Shares of WEC Energy Group, Inc. (NYSE:WEC) [Trend Analysis] runs in leading trade, it plunging -3.10% to traded at $57.22. The firm has price volatility of 1.39% for a week and 1.22% for a month. Its beta stands at 0.07 times. WEC Energy Group Inc. (WEC) declared fourth-quarter net income of $194.7 million.On a per-share basis, the Milwaukee-based company said it had profit of 61 cents.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.The electricity and natural gas provider posted revenue of $1.96 billion in the period.For the year, the company declared profit of $940.2 million, or $2.96 per share. Revenue was declared as $7.47 billion. Narrow down four to firm performance, its weekly performance was -1.58% and monthly performance was -2.44%. The stock price of WEC is moving down from its 20 days moving average with -2.35% and isolated negatively from 50 days moving average with -0.89%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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