November 20, 2023, Nokia Corp ADR (NYSE: NOK) trading session started at the price of $3.56, that was 0.84% jump from the session before. During the day, the shares moved up to $3.59 and dropped to $3.55 before settling in for the closing price of $3.56. A 52-week range for NOK has been $3.05 – $5.11.
Annual sales at Technology sector company grew by 0.11% over the past five years. When this article was written, the company’s average yearly earnings per share was at -24.73%. With a float of $5.59 billion, this company’s outstanding shares have now reached $5.59 billion.
In terms of profitability, gross margin is +41.71, operating margin of +11.37, and the pretax margin is +8.87.
Nokia Corp ADR (NOK) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nokia Corp ADR stocks. The insider ownership of Nokia Corp ADR is 0.00%, while institutional ownership is 5.81%.
Nokia Corp ADR (NOK) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0.05 earnings per share (EPS) during the time that was less than consensus figure (set at $0.09) by -$0.04. This company achieved a net margin of +16.86 while generating a return on equity of 21.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.73% per share during the next fiscal year.
Nokia Corp ADR (NYSE: NOK) Trading Performance Indicators
You can see what Nokia Corp ADR (NOK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.40 in one year’s time.
Technical Analysis of Nokia Corp ADR (NOK)
Nokia Corp ADR (NYSE: NOK) saw its 5-day average volume 7.96 million, a negative change from its year-to-date volume of 17.2 million. As of the previous 9 days, the stock’s Stochastic %D was 77.44%. Additionally, its Average True Range was 0.07.
During the past 100 days, Nokia Corp ADR’s (NOK) raw stochastic average was set at 41.22%, which indicates a significant decrease from 94.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.29% in the past 14 days, which was lower than the 26.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.57, while its 200-day Moving Average is $4.09. Nevertheless, the first resistance level for the watch stands at $3.60 in the near term. At $3.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.64. If the price goes on to break the first support level at $3.56, it is likely to go to the next support level at $3.54. The third support level lies at $3.52 if the price breaches the second support level.
Nokia Corp ADR (NYSE: NOK) Key Stats
There are 5,632,297K outstanding shares of the company, which has a market capitalization of 20.07 billion. As of now, sales total 26,246 M while income totals 4,478 M. Its latest quarter income was 5,422 M while its last quarter net income were 151,290 K.