Nokia Corp ADR (NYSE: NOK) on Friday, plunged -0.38% from the previous trading day, before settling in for the closing price of $5.33. Within the past 52 weeks, NOK’s price has moved between $3.29 and $5.48.
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During the last 5-year period, the sales drop of Technology Sector giant was -4.25%. The company achieved an average annual earnings per share of -17.08%. With a float of $5.37 billion, this company’s outstanding shares have now reached $5.37 billion.
In terms of profitability, gross margin is 74.17%, operating margin of 10.87%, and the pretax margin is 11.21%.
Nokia Corp ADR (NOK) Insider Activity
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Nokia Corp ADR is 0.00%, while institutional ownership is 9.25%.
Nokia Corp ADR (NOK) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.68% during the next five years compared to 315.10% growth over the previous five years of trading.
Nokia Corp ADR (NYSE: NOK) Trading Performance Indicators
Nokia Corp ADR (NOK) is currently performing well based on its current performance indicators. A quick ratio of 1.39 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 12.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Nokia Corp ADR (NOK)
Looking closely at Nokia Corp ADR (NYSE: NOK), its last 5-days average volume was 15.59 million, which is a drop from its year-to-date volume of 21.52 million. As of the previous 9 days, the stock’s Stochastic %D was 62.55%. Additionally, its Average True Range was 0.12.
During the past 100 days, Nokia Corp ADR’s (NOK) raw stochastic average was set at 89.17%, which indicates a significant increase from 72.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.78% in the past 14 days, which was higher than the 29.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.88, while its 200-day Moving Average is $4.37. However, in the short run, Nokia Corp ADR’s stock first resistance to watch stands at $5.35. Second resistance stands at $5.38. The third major resistance level sits at $5.41. If the price goes on to break the first support level at $5.28, it is likely to go to the next support level at $5.25. Should the price break the second support level, the third support level stands at $5.21.
Nokia Corp ADR (NYSE: NOK) Key Stats
Market capitalization of the company is 28.53 billion based on 5,452,551K outstanding shares. Right now, sales total 20,798 M and income totals 1,382 M. The company made 6,165 M in profit during its latest quarter, and 880,970 K in sales during its previous quarter.
