Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Nokia Corp ADR (NYSE: NOK) closed the day trading at $5.1 down -0.97% from the previous closing price of $5.15. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 17.4 million shares were traded. NOK stock price reached its highest trading level at $5.185 during the session, while it also had its lowest trading level at $5.035.
Ratios:
For a better understanding of NOK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.14.
On December 09, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $4.35 to $6.35.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOK now has a Market Capitalization of 27487315968 and an Enterprise Value of 26309705728. As of this moment, Nokia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.58, and their Forward P/E ratio for the next fiscal year is 12.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 1.373 whereas that against EBITDA is 10.494.
Stock Price History:
The Beta on a monthly basis for NOK is 0.90, which has changed by 0.2944162 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, NOK has reached a high of $5.48, while it has fallen to a 52-week low of $3.60. The 50-Day Moving Average of the stock is -1.99%, while the 200-Day Moving Average is calculated to be 5.80%.
Shares Statistics:
Over the past 3-months, NOK traded about 17.38M shares per day on average, while over the past 10 days, NOK traded about 17414310 shares per day. A total of 5.39B shares are outstanding, with a floating share count of 5.39B. Insiders hold about 0.00% of the company’s shares, while institutions hold 10.87% stake in the company. Shares short for NOK as of 1749772800 were 37752502 with a Short Ratio of 2.17, compared to 1747267200 on 30806409. Therefore, it implies a Short% of Shares Outstanding of 37752502 and a Short% of Float of 0.69999998.
Dividends & Splits
NOK’s forward annual dividend rate is 0.14, up from 0.14 a year ago. Against a Trailing Annual Dividend Yield of 0.027184466The stock’s 5-year Average Dividend Yield is 3.5.
