Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $4.46 in the prior trading day, Nokia Corp ADR (NYSE: NOK) closed at $4.44, down -0.45%. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 19.22 million shares were traded. NOK stock price reached its highest trading level at $4.5 during the session, while it also had its lowest trading level at $4.41.
Ratios:
Our goal is to gain a better understanding of NOK by taking a closer 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 24108578816 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 13.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.87. 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 0.23676884 over the last 52 weeks, in comparison to a change of 0.23095727 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 0.55%, while the 200-Day Moving Average is calculated to be 7.33%.
Shares Statistics:
The stock has traded on average 15.81M shares per day over the past 3-months and 20096190 shares per day over the last 10 days, according to various share statistics. 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 7.52% stake in the company. Shares short for NOK as of 1736899200 were 55846764 with a Short Ratio of 3.53, compared to 1734048000 on 50848207. Therefore, it implies a Short% of Shares Outstanding of 55846764 and a Short% of Float of 1.04.
Dividends & Splits
In the trailing 12 months, NOK’s forward annual dividend rate was 0.13, compared to 0.14 this year. Against a Trailing Annual Dividend Yield of 0.02914798The stock’s 5-year Average Dividend Yield is 3.5.
