Stocks Faring Away From Broker’s Choice: Univar Inc. (NYSE:UNVR), Nokia Corporation (NYSE:NOK)

Univar Inc. (NYSE:UNVR) [Trend Analysis] surged reacts as active mover, shares a gain 0.10% to traded at $31.37 and the percentage gap between open changing to regular change was 0.00%. Univar Inc. (UNVR) has named Ian Gresham as chief marketing officer.Gresham brings more than 15 years of strategic sales and marketing experience within the manufacturing sector.

“Ian’s successful commercial record of accomplishments in marketing many well-known brands will be of tremendous value as we look to capture and promote the enhanced value we provide to our consumers and supplier partners,” said Stephen Newlin, chairman, president and chief executive officer of Univar.

“While we enjoy the No. 1 market position in the U.S. and the No. 2 position in EMEA, there is a terrific opportunity to grow our business and brand. Applying marketing intelligence will allow us to identify, prioritize and allocate resources to the most attractive, high-growth markets as we further differentiate the Univar offering.” The firm’s current ratio calculated as 1.60 for the most recent quarter.

The firm past twelve months price to sales ratio was 0.54 and price to cash ratio remained 13.04. As far as the returns are concern, the return on equity was recorded as -7.80% and return on investment was 2.60% while its return on asset stayed at -1.20%. The firm has total debt to equity ratio measured as 3.68.

Nokia Corporation (NYSE:NOK) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.18% to $5.46. Nokia (NOK) reported that change in its organizational structure, which include the separation of the company’s current Mobile Networks business group into two distinct, but closely linked, organizations: one focused on products and solutions, called Mobile Networks, and the other on services, called Global Services.

The company’s Chief Innovation and Operating Officer organization will be split, with its current operating activities moved to a newly-appointed Chief Operating Officer organization, innovation activities to Nokia’s Chief Technology Officer and incubation to Nokia’s Chief Strategy Officer.

Nokia also reported changes in its Group Leadership Team (GLT), effective from April 1, 2017. Monika Maurer, currently Chief Operating Officer of Fixed Networks, will assume the position of Group COO. SamihElhage has decided to leave the company to pursue new opportunities.

The share price of NOK attracts active investors, as stock price of week volatility recorded 1.05%. The stock is going forward to its 52-week low with 35.15% and lagging behind from its 52-week high price with -8.85%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

Leave a Reply

Your email address will not be published. Required fields are marked *