Nokia Corp ADR (NYSE: NOK) Drops -1.99% Over A Month, But Analysts Still See Upside Potential

Nokia Corp ADR (NYSE:NOK) currently has a daily average trading volume of 15.71M but it saw 21232205 shares traded in last market. With a market cap of 19.06B USD, the company’s current market price of $3.45 came rising about 3.60 while comparing to the previous closing price of $3.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.82 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 $3.48, while its current price level is -28.50% below from 52-week high level whereas it is 17.35% 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 $3.54 while that of 200 days or SMA-200 reads an average of $3.62. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.44% during that period while stretching the period over a month that decreases to 1.98%. 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 47.84 which implies that the stock is in neutral territory.

Over the week, NOK’s stock price is moving 0.88% up while it is -1.99% when we observe its performance for the past one month. Year-to-date it is 0.88% up and over the past year, the stock is showing a downside performance of -25.97%.

Currently, Nokia Corp ADR’s total number of outstanding shares is 5.53B. 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 27.00 while having a 9.36 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 0.79. Its return on asset (ROA) is 1.45% on average.