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In the latest session, Nokia Corp ADR (NYSE: NOK) closed at $4.86 down -8.47% from its previous closing price of $5.31. In other words, the price has decreased by -$8.47 from its previous closing price. On the day, 71.76 million shares were traded. NOK stock price reached its highest trading level at $4.96 during the session, while it also had its lowest trading level at $4.72.
Ratios:
For a deeper understanding of Nokia Corp ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.17.
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 26193797120 and an Enterprise Value of 22651506688. As of this moment, Nokia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.94, and their Forward P/E ratio for the next fiscal year is 12.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 1.179 whereas that against EBITDA is 7.632.
Stock Price History:
The Beta on a monthly basis for NOK is 0.92, which has changed by 0.33150685 over the last 52 weeks, in comparison to a change of 0.07545352 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 $3.57. The 50-Day Moving Average of the stock is -4.51%, while the 200-Day Moving Average is calculated to be 7.55%.
Shares Statistics:
For the past three months, NOK has traded an average of 22.66M shares per day and 24647790 over the past ten days. A total of 5.37B shares are outstanding, with a floating share count of 5.37B. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.27% stake in the company. Shares short for NOK as of 1743379200 were 41961248 with a Short Ratio of 1.85, compared to 1740700800 on 74633995. Therefore, it implies a Short% of Shares Outstanding of 41961248 and a Short% of Float of 0.7799999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for NOK is 0.10, from 0.14 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02636535The stock’s 5-year Average Dividend Yield is 3.5.
