Nokia Corporation (ADR) (NYSE:NOK) lived up to its word and has released an updated version of its Cinemagraph camera app for Nokia Lumia 920, 820 and 620 running Windows Phone 8. The new app has the ability to share your creations with social media websites, such as Facebook Inc. (NASDAQ:FB) and Twitter to enable your friends see your results.
When Cinemagraph was rolled out last month, Nokia assured there would be an update ahead of Christmas that would enable users to share their moving images on other formats than just your Nokia Lumia 920 or Nokia Lumia 820 itself. Well, Nokia (NOK) has fulfilled its promise and provided Cinemagraph version 2.5.0.21, permitting you to share the moving images you’ve created with others. What you need is to hit the ‘Share’ option. The new version will allow you to share using email, messaging or your favorite social networks channel.
Make an opinion on the latest price movement using some technical indicators
The NOK stock closed at $4.20, up 0.25 points or 6.33% from previous close and at a distance of +19.73% from 20-day simple moving average. In the last trading session, the stock’s price moved 36.67% above its 200 day moving average, changing hands as low as $4.10 per share. The stock is currently trading 38.98% up its SMA 50.
How well the stock has been performing?
The percentage change in the price over the past fifty two weeks remained at -13.40%. The price range in the same period had a highest hit of $5.87 on Feb 24, 2012 while lowest level during that period was $1.63 on Jul 18, 2012. The 1-year target price estimate, which is the median price target, as set by analysts covering the stock is $2.36. The stock in last 12 months lost -6.67% and has dropped -5.83% since the beginning of this year.
Does stock market trend influences this stock?
This stock is more risky when compared to the shifts in the equity markets as its beta value is standing at 1.57. To measure price-variation, we found this stock’s volatility over a week period was 3.48% and for the month was 4.92%.
What is Wall Street analysts’ recommendation on this stock?
The analyst mean recommendation for this week has been changed to 3.6 from 3.5 in the last week. The price target of $1.50 was the lowest while the highest price target was set as $6.00, according to 16 analysts surveyed by Thomson Reuters.
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