TopStockPlays.com providing you the best fundamental coverage of NOK, HLIT, INFN, ALLT
Pompano Beach, FL -- (SBWIRE) -- 01/22/2013 -- Nokia Corporation (ADR) (NYSE:NOK) is scheduled to announce its Q4 2012 results ahead of the opening bell on Wednesday, January 24.
Regardless of announcing a 25% positive surprise in the Q3, Nokia remained unsuccessful to enhance its top and bottom line results against the previous year as its Windows-based smartphone Lumia remained unsuccessful to produce any significant market traction.
What NOK’s Charts Are Signaling for Traders? Find Out Here
The firm announced in its initial report that it sold 4.4 million Lumia gadgets as compared to 2.9 million units in the prior quarter, marking a sequential expansion of almost 52%.
Nokia likewise sold 9.3 million units of Asha range of handsets in the Q4, far greater than 6.5 million handsets sold in the prior quarter, thus posting a remarkable sequential expansion of almost 43%.
At the current trading session, Nokia Corporation (ADR) (NYSE:NOK) shares gained +2.82% to $4.55 while The Stock traded within the range of $4.48 – $4.56. In the past year, the stock has traded within a range of $1.63 – $5.87. The current session’s volume of 23.15 million shares is down from the average daily trading volume of 71.11 million shares.
For How Long NOK will Fight for Profitability? Read This Trend Analysis report
While If we look at the few other stocks within industry, Harmonic Inc., Infinera Corp. and Allot Communications Ltd. are remain in top volume leaders. Let’s have a quick look on their Market performance.
Harmonic Inc. (NASDAQ:HLIT) shares are down -2.68% to $5.09 while the stock is traded within the range of $5.08 – $5.22 in the current trading session. In the last 12 months the shares have traded between $3.76 and $6.81. The current session’s volume of 181,114 shares is lower than their average daily trading volume of 472,323 shares.
Will HLIT Get Buyers Even After The Recent Rally? Find Out Here
Infinera Corp. (NASDAQ:INFN) shares in the current session moved down -1.49% reaching at $6.61. The stock traded in a range of $6.55 – $6.68. In the last year the stock has moved within a range of $4.32 – $8.90. The current session’s volume of 167,470 shares is lower from their average daily trading volume of 777,238 shares.
Why Should Investors Buy INFN After the Recent Fall? Just Go Here and Find Out
Another rival company Allot Communications Ltd. (NASDAQ:ALLT) trading down -0.89% to $13.36. Intraday trading recorded the stock price in a range of $13.32 to $13.60. In the previous 52 weeks the stock’s price ranged between $13.15 and $29.05. The current session’s volume of 154,710 shares was lower from their average daily trading volume of 1.04 million shares.
Has ALLT Found The Bottom and Ready To Move Up? Find Out Here
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