|Bid||6.16 x 200|
|Ask||6.19 x 3600|
|Day's Range||6.15 - 6.20|
|52 Week Range||4.04 - 6.65|
|PE Ratio (TTM)||-48.20|
|Dividend & Yield||0.18 (2.92%)|
|1y Target Est||6.55|
Nokia Oyj (ADR) (NYSE:NOK) certainly qualifies as one of 2017’s top contenders. Year-to-date, NOK stock is up 29%, mocking those like me who interpreted its 30% loss in 2016 as a harbinger. Since the first of June, Nokia stock slipped more than 4% in the markets.
When Nokia sold off its handsets and focused on infrastructure, it also left behind the brand as consumers knew it. But in chasing emerging businesses, it's planning to build network traffic along with brand equity.
As the excitement around the return of the Nokia brand to the smartphone continues to build, HMD Global has confirmed a press event for August 16th. The expectation is that the flagship Android-powered Nokia 8 will be revealed.