Currently, there are 5.45B common shares owned by the public and among those 5.44B shares have been available to trade.
The company’s stock has a 5-day price change of 1.79% and 4.83% over the past three months. NOK shares are trading 2.93% year to date (YTD), with the 12-month market performance up to 32.17% higher. It has a 12-month low price of $3.29 and touched a high of $4.95 over the same period. NOK has an average intraday trading volume of 17.36 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.70%, 2.32%, and 12.32% respectively.
Institutional ownership of Nokia Corp ADR (NYSE: NOK) shares accounts for 7.53% of the company’s 5.45B shares outstanding.
It has a market capitalization of $24.83B and a beta (3y monthly) value of 1.06. The stock’s trailing 12-month PE ratio is 56.09, while the earnings-per-share (ttm) stands at $0.08. The company has a PEG of 5.04 and a Quick Ratio of 1.46 with the debt-to-equity ratio at 0.23. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.56% over the week and 1.82% over the month.
Earnings per share for the fiscal year are expected to increase by 10.35%, and -1.25% over the next financial year.
Looking at the support for the NOK, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on December 09, 2024, with the firm’s price target at $4.35-$6.35. Goldman on their part issued Neutral rating on December 18, 2023.
