Can Nokia Corp ADR’s (NOK) hike of 6.80% in a week be considered a lucky break?

Nokia Corp ADR (NYSE: NOK) kicked off on Tuesday, down -1.67% from the previous trading day, before settling in for the closing price of $4.79. Over the past 52 weeks, NOK has traded in a range of $2.94-$4.82.

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Annual sales at Technology sector company slipped by -1.90% over the past five years. While this was happening, its average annual earnings per share was recorded 12.27%. With a float of $5.45 billion, this company’s outstanding shares have now reached $5.53 billion.

In terms of profitability, gross margin is 42.63%, operating margin of 9.24%, and the pretax margin is 8.08%.

Nokia Corp ADR (NOK) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Nokia Corp ADR is 0.00%, while institutional ownership is 6.11%.

Nokia Corp ADR (NOK) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.11 earnings per share (EPS), lower than consensus estimate (set at 0.15) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 12.27% per share during the next fiscal year.

Nokia Corp ADR (NYSE: NOK) Trading Performance Indicators

Take a look at Nokia Corp ADR’s (NOK) current performance indicators. Last quarter, stock had a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24. Likewise, its price to free cash flow for the trailing twelve months is 6.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.34 in one year’s time.

Technical Analysis of Nokia Corp ADR (NOK)

Nokia Corp ADR (NYSE: NOK) saw its 5-day average volume 37.65 million, a positive change from its year-to-date volume of 15.6 million. As of the previous 9 days, the stock’s Stochastic %D was 91.57%. Additionally, its Average True Range was 0.11.

During the past 100 days, Nokia Corp ADR’s (NOK) raw stochastic average was set at 91.20%, which indicates a significant increase from 83.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.38% in the past 14 days, which was higher than the 30.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.30, while its 200-day Moving Average is $3.83. Nevertheless, the first resistance level for the watch stands at $4.76 in the near term. At $4.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.85. If the price goes on to break the first support level at $4.67, it is likely to go to the next support level at $4.63. The third support level lies at $4.58 if the price breaches the second support level.

Nokia Corp ADR (NYSE: NOK) Key Stats

The company with the Market Capitalisation of 25.68 billion has total of 5,522,844K Shares Outstanding. Its annual sales at the moment are 24,090 M in contrast with the sum of 719,730 K annual income. Company’s last quarter sales were recorded 4,754 M and last quarter income was 185,740 K.