Finally, Alcatel Lucent SA (ADR) (NYSE:ALU) has added 1.9% to flirt with $3.95, but still sits 10% lower on the year. In the options pits, puts are flying off the shelves at a rapid-fire rate, with roughly 16,000 contracts traded — about 10 times the stock’s average intraday volume. One options trader is bracing for steeper losses over the next few months, buying to open nearly 12,000 June 2.83 puts for $0.10 each. To profit on the play, the buyer needs ALU to breach $2.73 (strike minus premium paid) by options expiration on Friday, June 20. Alcatel Lucent SA (ADR) (NYSE:ALU) shares after opening at $3.99 moved to $4.01 on last trade day and at the end of the day closed at $3.87. Company price to sales ratio in past twelve months was calculated as 0.46 and price to cash ratio as 1.51. Alcatel Lucent SA (ADR) (NYSE:ALU) showed a positive weekly performance of 0.78%.
Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) may decide not to transfer its Indian production facility to Microsoft Corporation (NASDAQ:MSFT) when it sells its devices and services division. Citi analyst Ehud Gelblum and his team think Nokia is considering its options regarding the factory, which istied up in a tax dispute with authorities in India. Nokia Corporation (ADR) (NYSE:NOK) shares fell -3.63% in last trading session and ended the day on $7.17. NOK return on equity ratio is recorded as -18.20% and its return on assets is -4.90%. Nokia Corporation (ADR) (NYSE:NOK) yearly performance is 107.83%.
QUALCOMM (NASDAQ:QCOM) Chairman Paul Jacobs unloaded 70,000 shares of QUALCOMM stock on the open market in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $76.79, for a total value of $5,375,300.00. Following the sale, the chairman now directly owns 29,269 shares in the company, valued at approximately $2,247,567. QUALCOMM, Inc. (NASDAQ:QCOM) shares moved up 0.12% in last trading session and was closed at $78.19, while trading in range of $77.51-$79.03. QUALCOMM, Inc. (NASDAQ:QCOM) year to date performance is 5.81%.
On (24,2014)Ericsson (ADR) (NASDAQ:ERIC) Said CEO Hans Vestberg discussed LTE growth and areas of focus for 2014. We continue to see ERIC as the leader in LTE, with approximately one-third of 4G RAN sales last quarter. Ericsson (ADR) (NASDAQ:ERIC) weekly performance is 2.92%. On last trading day company shares ended up $13.06. Ericsson (ADR) (NASDAQ:ERIC) distance from 50-day simple moving average is 4.87%. Analysts mean target price for the company is $14.19.