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Stocks That Fell to 3-Year Lows in the Week of Oct. 25

Gilead Sciences Inc. (NASDAQ:GILD), Nokia Oyj (NYSE:NOK), Viacom Inc. (NASDAQ:VIA) and Nielsen Holdings PLC (NYSE:NLSN) have declined to their three-year lows.

Gilead Sciences declined to $63.32

The price of Gilead Sciences shares declined to $63.32 on Oct. 25, which is only 4.7% above the three-year low of $60.32.

Gilead Sciences is an American international pharmaceutical and biotechnology company that develops and commercializes therapeutics. The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C and influenza. Some of the products that the company developed include AmBisome, Atripla, Cayston, Emtriva and Flolan.


The company has a market cap of $80.19 billion; its shares were traded around $63.32 with a price-earnings ratio of 13.72 and a price-sales ratio of 3.65. The trailing 12-month dividend yield is 3.89%. The forward dividend yield is 3.82%. Gilead Sciences had an annual average earnings growth of 26.10% over the past 10 years.

On Oct. 24, Gilead Sciences announced the board of directors had declared a cash dividend of 63 cents per share. The dividend is payable on Dec. 30 to shareholders of record at the close of business on Dec. 13.

Nokia declined to $3.78

The price of Nokia shares declined to $3.78 on Oct. 25, which is only 0.8% above the three-year low of $3.75.

Nokia is a Finnish international telecommunication, information technology and consumer electronics company. The company is a component of the Euro Stoxx 50 stock market index. It employs approximately 103,000 individuals across 100 countries as of 2018.

The company has a market cap of $21.16 billion; its shares were traded around $3.78 with a price-sales ratio of 0.85. The trailing 12-month dividend yield is 2.96%. The forward dividend yield is 5.75%.

On Oct. 24, Nokia reported financial results for the third quarter of 2019. Net sales for the quarter were 5.686 billion euros ($6.29 billion), a 4% increase compared to net sales of 5.458 billion euros during the prior-year quarter. Operating profit for the quarter was 264 million euros, compared to an operating loss of 54 million euros a year ago. Diluted earnings per share for the quarter was 0.01 euros, compared to diluted loss per share of 0.02 euros last year.

Viacom declined to $23.94

The price of Viacom Inc. (NASDAQ:VIA) shares declined to $23.94 on Oct. 25, which is only 3.2% above the three-year low of $23.18.

Viacom is an American international mass media conglomerate that has interests primarily in film and television. The company consists of Viacom Media Networks and Paramount Pictures. Through these two entities, the company operates 170 networks and reaches around 700 million subscribers in 160 countries. The company has a pending merger with CBS Corp. (CBS).

Viacom has a market cap of $8.88 billion; its shares were traded around $23.94 with a price-earnings ratio of 5.35 and a price-sales ratio of 0.69. The trailing 12-month dividend yield is 3.34%. The forward dividend yield is 3.38%. Viacom had an annual average earnings growth of 6.60% over the past 10 years.

On Oct. 8, Viacom announced jointly with CBS that Doretha Lea has been named executive vice president of global public policy and government relations of ViacomCBS. The appointment will be effective upon the closing of the proposed merger between the two companies. Lea will oversee all government affairs and public policy work for the combined company both domestically and internationally.

Nielsen Holdings declined to $20.60

The price of Nielsen Holdings shares declined to $20.60 on Oct. 25, which is only 3.6% above the three-year low of $19.86.

Nielsen is an American international information, data and measurement company that operates in over 100 countries. It specializes in consumer information and research and market measurement services.

Nielsen has a market cap of $7.33 billion; its shares were traded around $20.60 with a price-sales ratio of 1.14. The trailing 12-month dividend yield is 6.79%. The forward dividend yield is 6.57%.

On Oct. 3, Nielsen Holdings announced it is launching a global, connected, online platform to provide sports event organizers and sponsor brands with a holistic view of fans' interests and media consumption behaviors. The new platform, Nielsen Fan Insights, will cover the U.S., U.K., Germany, France, Spain, Italy and China, among other nations. The new platform aims to elucidate better business decisions around sponsorship and fan engagement.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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This article first appeared on GuruFocus.