Trader’s Watch List: Nokia Corporation (ADR) (NYSE:NOK), Ericsson (ADR) (NASDAQ:ERIC), Alaska Air Group (NYSE:ALK), MSC Industrial Direct (NYSE:MSM)

Posted by on Apr 07, 2014

Nokia Corporation (ADR)(NYSE:NOK) was already facing restriction from the Indian court on transferring its Chennai Factory to Microsoft Corporation (NASDAQ:MSFT) following the deal worth $7.2 billion back, in September 2013, and now the 2010-11 accounts of Nokia will undergo special audit as determined by the income tax department in India. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.64 moved to $7.65 on last trade day and at the end of the day closed at $7.35. Company price to sales ratio in past twelve months was calculated as 0.82 and price to cash ratio as 3.80. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 0.14%.

Ericsson (ADR) (NASDAQ:ERIC) has announced Team SOP (Nigeria) and Team Work Mode (South Africa) are among the semi-finalists of the company and student categories respectively of the Ericsson Application Awards (EAA) 2014. Ericsson (ADR) (NASDAQ:ERIC) shares fell -0.68% in last trading session and ended the day on $13.19. ERIC return on equity ratio is recorded as -0.60% and its return on assets is -0.30%. Ericsson (ADR) (NASDAQ:ERIC) yearly performance is 12.83%.

Alaska Air Group (NYSE:ALK) has been given an average rating of “Buy” by the fourteen analysts that are presently covering the stock, Analyst Ratings Network.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $87.42. Alaska Air Group, Inc. (NYSE:ALK) shares moved down -2.62% in last trading session and was closed at $92.33, while trading in range of $91.69 – $95.46. Alaska Air Group, Inc. (NYSE:ALK) year to date (YTD) performance is 26.24%.

MSC Industrial Direct (NYSE:MSM) declared a dividend on Thursday, April 3rd, Stock Ratings Network.com reports. Shareholders of record on Tuesday, April 8th will be given a dividend of 0.33 per share on Tuesday, April 22nd. The ex-dividend date of this dividend is Friday, April 4th. MSC Industrial Direct Co Inc. (NYSE:MSM) weekly performance is 1.77%. On last trading day company shares ended up $87.24. MSC Industrial Direct Co Inc. (NYSE:MSM) distance from 50-day simple moving average (SMA50) is 2.24%. Analysts mean target price for the company is $91.77.

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