Nokia Corporation (ADR) (NYSE:NOK) saw a relatively rare spike in bearish options betting yesterday, marking a change of pace for the Finnish phone maker. By the close, the equity saw roughly 14,000 puts change hands — a 49% mark-up to its average daily volume, and nearly double the number of NOK calls exchanged. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.40 moved to $7.58 on last trade day and at the end of the day closed at $7.44. Company price to sales ratio in past twelve months was calculated as 0.79 and price to cash ratio as 3.69. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -1.59%.
Plug Power Inc (NASDAQ:PLUG) is in the ‘green energy’ business of making fuel cells. However, it’s not doing anything revolutionary in terms of inventing new technology or improving existing technology. To think of Plug as another Tesla Motors Inc (NASDAQ:TSLA) would be a misunderstanding of battery and fuel cell technology. And that’s apparently what’s happened with the Plug stock as its price rose during the dot com boom and then eventually lost 99.9% of its value. Plug Power Inc (NASDAQ:PLUG) shares fell -3.86% in last trading session and ended the day on $5.97. PLUG return on equity ratio is recorded as -533.30% and its return on assets is -110.80%. Plug Power Inc (NASDAQ:PLUG) yearly performance is 2885.05%.
Cisco Systems (NASDAQ:CSCO) EVP Pankaj Patel sold 11,955 shares of Cisco Systems stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $21.55, for a total transaction of $257,630.25. Following the completion of the transaction, the executive vice president now directly owns 657,497 shares in the company, valued at approximately $14,169,060. Cisco Systems, Inc. (NASDAQ:CSCO) shares moved up 0.92% in last trading session and was closed at $21.83, while trading in range of $21.59-$22.00. Cisco Systems, Inc. (NASDAQ:CSCO) year to date performance is -1.93%.
Verizon Communications Inc. (NYSE:VZ) is seeing heavy put activity, and there are two possible strategies behind the trade. option MONSTER’s Depth Charge system detected the sale of 3,000 May 45 puts for the bid price of $0.99 against previous open interest of 7,682. At the same time, the trader bought 3,000 May 40 puts for the ask price of $0.17 in volume that is more than 10 times the previous open interest at that strike, so it is clearly a new position. Verizon Communications Inc. (NYSE:VZ) weekly performance is 2.56%. On last trading day company shares ended up $47.21. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average is 0.02%. Analysts mean target price for the company is $54.00.
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