Nokia Corporation (ADR) (NYSE:NOK) X series seems to have hit the sweet spot with respect to its traditional markets like India and China. The handset has received reported pre-orders for 10 million handsets from China. The handset seems to have rekindled the appeal of the Nokia brand which is still well known and respected in many countries around the world. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.49 moved to $7.64 on last trade day and at the end of the day closed at $7.55. Company price to sales ratio in past twelve months was calculated as 0.82 and price to cash ratio as 3.79. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 3.28%.
With BlackBerry Ltd (NASDAQ:BBRY), analysts either love it or hate it.The Canadian smartphone maker received two downgrades in the past week. First came a “sell” rating by Societ General, which values sum of BlackBerry’s parts at $6 per share. BlackBerry Ltd (NASDAQ:BBRY) shares advanced 0.25% in last trading session and ended the day on $8.10. BBRY return on equity ratio is recorded as -8.67% and its return on assets is -6.35%. BlackBerry Ltd (NASDAQ:BBRY) yearly performance is -46.50%.
Overall volume in NVIDIA Corporation’s (NASDAQ:NVDA) options pits accelerated to almost three times the average pace on Wednesday. Calls were the contracts of choice, outpacing puts by a nearly 3-to-1 margin. Although NVDA has met stern resistance at the $19 mark recently, a number of traders bet on a breakthrough of this technical ceiling over the next several weeks, or perhaps hedged their bearish bets against one. NVIDIA Corporation (NASDAQ:NVDA) shares moved up 4.13% in last trading session and was closed at $18.65, while trading in range of $18.26-$18.87. NVIDIA Corporation (NASDAQ:NVDA) year to date performance is 16.93%.
Micron Technology, Inc. (NASDAQ:MU) is increasing the production of 25-nm chips and will launch a 20-nm chip in 2Q2014. Micron claims to be ahead of its competitors to sample DDR4 chips to its customers and industry partners. Micron is trying to increase its operational efficiency by consolidating its manufacturing to three manufacturing locations — Japan, Taiwan and Singapore — all of which have been traditionally strong in memory chip manufacturing. – Micron Technology, Inc. (NASDAQ:MU) weekly performance is 3.87%. On last trading day company shares ended up $24.44. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average is 1.85%. Analysts mean target price for the company is $27.67.
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