Putting The Spotlight On Nokia Corp ADR (NOK)

Nokia Corp ADR (NYSE:NOK) currently has a daily average trading volume of 15.14M but it saw 10591651 shares traded in last market. With a market cap of 18.90B USD, the company’s current market price of $3.42 remained unchanged while comparing to the previous closing price of $3.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.97 and as low as $2.94.

Taking a look at 20-day trading activity of Nokia Corp ADR (NOK) gives us an average price of $3.54, while its current price level is -31.19% below from 52-week high level whereas it is 16.33% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.56 while that of 200 days or SMA-200 reads an average of $3.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.75% during that period while stretching the period over a month that increases to 1.87%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.85 which implies that the stock is in neutral territory.

Over the week, NOK’s stock price is moving -3.12% down while it is -6.56% when we observe its performance for the past one month.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.11 beaten by the consensus estimate of $0.15 for the same. For NOK, analysts are forecasting an EPS-growth rate of 16.10% for current year and estimate for EPS growth in next year is 8.30%. In next quarter, company is expected to be making quarterly sales of $5.42 billion as analysts are expecting the sales for current fiscal year at $23.5 billion and seeing the company making $23.74 billion in sales next year. Moreover, analysts are in estimates of $5.09 billion for current-quarter revenue.

Currently, Nokia Corp ADR’s total number of outstanding shares is 5.53B with 0.00% of that held by the insiders while 5.57% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.61% and return on equity (ROE) at 3.14%. It has a price to earnings ratio (P/E ratio) of 26.76 while having a 9.24 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 0.83 while price to sale or P/S ratio amounts to 0.79. Its return on asset (ROA) is 1.45% on average.