Nokia Corporation (ADR) (NYSE:NOK) Aired New Television Commercial on British networks Showing New Metal Body Lumia Phone

Nokia CorporationNokia Corporation (ADR) (NYSE:NOK) set to announce a new phone in London on May 14th, and the Finnish company is already offering a glimpse of its new phone through a new television commercial that was aired on British networks.

That commercial was first spotted by The Verge, mocks the back of a phone that is having a huge camera lens with a big flash. The report notes that it looks like the phone is made of metal and looks like recently leaked “Catwalk” smartphone, which is expected to come with an aluminium body and has a big camera lens.

The Catwalk smartphone is expected to be powered by a Qualcomm Snapdragon S4 1.5GHz dual-core processor and likely to come with a 4.5-inch display. It will have internal storage available on the smartphone of 16GB and it will pack in 2,000mAh battery. Catwalk phone is expected to come with an 8.7-megapixel camera with LED flash.

It’s been reported through media rumors that Nokia Corporation will launch the Lumia 925, a deviation of the recently launched Lumia 928 at the May 14 event along with a camera focused EOS smartphone. That could possible that the Catwalk is indeed the Lumia 925.

Nokia Corporation (ADR) (NYSE:NOK) in last trading session end up at $3.55 by rising 3.10% with the average volume of 34.21 million shares.  In premarket NOK stock fell 3.28%.

The stock price saw week’s volatility of 2.41% and month’s volatility is 2.81%, while the stock price of the company is moving up from its 20 days moving average with 9.73% and isolated positively from 50 days moving average with 7.70%.

Looking at Analytic Ratios; the price to sales ratio of NOK in past twelve months was calculated as 0.37 and price to cash ratio as 1.01. Company return on equity ratio is recorded as -26.32% and its return on assets is -8.24%, and return on investment is -18.12%.


Leave a Reply