Nokia Corporation (NYSE:NOK), CIEN, QCOM, ALU are Among Top Communication Stocks in yesterday trading session.
Pompano Beach, FL -- (SBWIRE) -- 12/14/2012 -- Nokia Corporation (ADR) (NYSE:NOK) started its trading session with the price $3.76, and closed at price of $3.76 by scoring -1.83%. The 52 week range of NOK was $1.63 -$5.87.Nokia is the world's largest manufacturer of mobile devices and a leader in mobile network equipment and software. The company's mobile phones provide consumers with experiences in voice, video, gaming, navigation, imaging, and music. Through its 50%-owned Nokia Siemens Networks joint venture, the company provides equipment and services to network operators, service providers, and corporations.
NOK’s stocks traded with total volume of 58.16 million shares while the average trading capacity remained 52.80 million shares. The beta of the NOK stands at 1.55.
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Ciena Corporation(NASDAQ:CIEN) during previous trading sessionthe stock showed apositive movement of +1.48%. Currently company is having a market capitalization of $1.58 billion. Stock’s closing price was $15.80 whileit started its day-trade at $16.02; its 52-week price range was $010.30 - $18.39.Analysts at FBR Capital upgraded shares of Ciena Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, October 25th.
The CIEN traded with volume of 15.67 million shares, while its average trading ability remained 3.50 million shares.
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QUALCOMM, Inc.(NASDAQ:QCOM) stock’stradeopened at $63.07 and as day trade closed its price was $62.76 after scoring -1.15% .US chip designer Qualcomm Inc (NASDAQ:QCOM) recently said it would use its own central processing units in its high-end quad-core chipsets for smartphones to differentiate itself from its rivals’ quad-core products.
For chipsets used in entry-level smartphones, or handsets with a price tag of below 1,000 yuan (US$160), Company said it would use licensed microprocessors from other companies, such as ARM Holdings PLC.
QCOM’s day range remained $62.50 - $64.01 while its 52 week range was $51.76 - $68.87.
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Alcatel Lucent SA (ADR)(NYSE:ALU)traded with volume of 4.96 million shares in the last session as compared to average volume of 19.91 million shares.
Alcatel Lucent SA (ADR) (NYSE:ALU)’s day range remained $1.10- $1.12 while its 52 week range was $0.91 - $2.66.
ALU’s trade opened at $1.10and finished the day at $1.10. Currently company is having a market capitalization of $2.50 billion.
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