Spotting A Winner: Nokia Corp ADR (NYSE: NOK) Retreats -0.27 And It Still Have Room To Run

Nokia Corp ADR (NYSE:NOK) currently has a daily average trading volume of 15.35M but it saw 18688858 shares traded in last market. With a market cap of 20.10B USD, the company’s current market price of $3.64 came falling about -0.27 while comparing to the previous closing price of $3.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.36 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 $3.49, while its current price level is -16.51% below from 52-week high level whereas it is 23.81% 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 $3.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.35% during that period while stretching the period over a month that decreases to 2.18%. 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 59.00 which implies that the stock is in neutral territory.

Over the week, NOK’s stock price is moving 5.51% up while it is 2.82% when we observe its performance for the past one month. Year-to-date it is 6.43% up and over the past year, the stock is showing a downside performance of -11.22%.

Currently, Nokia Corp ADR’s total number of outstanding shares is 5.53B. Company’s return on investment (ROI) stands at 3.30% and return on equity (ROE) at 3.85%. It has a price to earnings ratio (P/E ratio) of 22.82 while having a 9.97 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 0.88 while price to sale or P/S ratio amounts to 0.88. Its return on asset (ROA) is 2.00% on average.