Nokia (NYSE:NOK)’s Lumia 920 will be one of most expected devices to arrive in Indian market in 2013. Tech.in reports citing anonymous sources the Lumia 920 and its smaller sibling Lumia 820 will be released in India by January 15. But many of them also mentioned that they are not sure and also expect the device may hit Indian shelves a couple of days late, depending on the Finnish company. However, the devices should be available across the country from January 17.
The Lumia 920 will have a price-tag between 38,000 and 40,000, while the 820 will be available in a range of 25,000 to 28,000. When Tech.in contacted Nokia, the company confirmed that no official statement has been made yet about the launch of the devices in India. The Lumia 920 is available in Singapore at a cost of SGD 899, which is equal to about Rs 40,750, whereas the Lumia 820 is being offered at SGD 699, which is about Rs 31,700. The additional taxes in India could make the devices cost a bit more.[article_detail_ad_1]
How the Nokia (NOK) stock is trending now?
Shares of Nokiatraded down -4.75% during last tradingsession, closing at $3.81. The share price of NOKtraded yesterday in a range of $3.80 to $3.92. The company now has a market value of $14.27 billion.
Are you optimistic or bullish on the near-term price outlook?
The stock, after recent close,is 18.07% up their SMA 50 and 29.90% off the 52-week high. Theworst hit in its 52 week range is $1.63 per share, with $5.87 as its 52 week best price that compares with a latest closing price of $3.81. Its latest closing price has a distance of -0.04% from SMA20 and is 24.85% up than SMA200.
Watch the stock’s performance in different time span.
With recent decline, the year-to-date (YTD) performance reflected a -14.57% fall below last year. During the past month the stock advanced 16.51%, bringing three-month performance to +47.10% and six-month performance to +73.97%.
Do you know how risky is this stock?
For this company, beta value at 1.55 represents it is more volatile to the shift in the market. If we take a look on its volatility, 3.27% was seen in a week and for the month it was 4.08%.
What does equity analysts say?
For the stock, mean recommendation this week is 3.6. Sharing price target summary; nearly 16 brokerages have a mean PT as $2.71 and median PT of $2.36 while the highest price target set by those rating agencies was $6.00 and lowest PT was $1.50.
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