For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Nokia Corp ADR (NYSE: NOK) closed the day trading at $4.44 down -3.69% from the previous closing price of $4.61. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 30.56 million shares were traded. NOK stock price reached its highest trading level at $4.47 during the session, while it also had its lowest trading level at $4.41.
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 2.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.72. 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 23970848768 and an Enterprise Value of 20162326528. As of this moment, Nokia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.61, and their Forward P/E ratio for the next fiscal year is 13.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 1.02 whereas that against EBITDA is 7.025.
Stock Price History:
The Beta on a monthly basis for NOK is 1.06, which has changed by 0.29446065 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, NOK has reached a high of $4.95, while it has fallen to a 52-week low of $3.29. The 50-Day Moving Average of the stock is 0.42%, while the 200-Day Moving Average is calculated to be 8.43%.
Shares Statistics:
Over the past 3-months, NOK traded about 17.66M shares per day on average, while over the past 10 days, NOK traded about 15634410 shares per day. A total of 5.45B shares are outstanding, with a floating share count of 5.44B. Insiders hold about 0.00% of the company’s shares, while institutions hold 7.53% stake in the company. Shares short for NOK as of 1735603200 were 52863330 with a Short Ratio of 2.99, compared to 1732838400 on 50895709. Therefore, it implies a Short% of Shares Outstanding of 52863330 and a Short% of Float of 0.98.
Dividends & Splits
NOK’s forward annual dividend rate is 0.14, up from 0.13 a year ago. Against a Trailing Annual Dividend Yield of 0.028199565The stock’s 5-year Average Dividend Yield is 3.5.
