Shares of Nokia Corporation (NYSE:NOK) [Trend Analysis] runs in leading trade, it moving down -0.87% to traded at $5.73. The firm has price volatility of 1.29% for a week and 1.42% for a month. Its beta stands at 1.47 times. Telecoms network maker, Nokia (NOK) reported that it had takeoverd Eta Devices, a U.S.-based start-up specializing in power amplifier efficiency solutions for network base stations.
“Eta Devices will bolster Nokia’s push to enhance base station energy efficiency, an increasingly important area for operators on the path to 4.9G and 5G,” the firm stated in a statement. Financial terms of the accord were not revealed. Eta Devices is a private start-up founded in 2010. The firm is headquartered in Cambridge, Massachusetts, in United States, and has a research and development office in Stockholm, Sweden. Narrow down four to firm performance, its weekly performance was 1.23% and monthly performance was 0.35%. The stock price of NOK is moving up from its 20 days moving average with 1.14% and isolated positively from 50 days moving average with 0.83%.
Several matter pinch shares of VMware, Inc. (NYSE:VMW) [Trend Analysis], as shares surging 1.04% to $73.20 with a share volume of 252364. A global leader in cloud infrastructure and business mobility, VMware, Inc. (NYSE:VMW) plans to announce third quarter 2016 financial results following market close on Wednesday, October 26, 2016. The firm will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review financial results and business outlook.
VMware, a global leader in cloud infrastructure and business mobility, assists consumers accelerate their digital transformation. VMware enables enterprises to master a software-defined approach to business and IT with its Cross-Cloud Architecture™ and solutions for the data center, mobility, and security. With 2015 incomes of $6.6 billion, VMware is headquartered in Palo Alto, CA and has over 500,000 consumers and 75,000 partners worldwide. The stock is going forward its 52-week low with 69.25% and moving down from its 52-week high price with -11.11%. To have technical analysis views, liquidity ratio of a firm was calculated 2.50 as evaluated with its debt to equity ratio of 0.17. The float short ratio was 29.74%, as compared to sentiment indicator; Short Ratio was 8.97.