The stock of Nokia Corp ADR (NYSE:NOK) last traded at $3.16, down -9.46% from the previous session.
NOK stock price is now -9.68% away from the 50-day moving average and -21.78% away from the 200-day moving average. The market capitalization of the company currently stands at $17.66B.
A total of 0.00% of the company’s stock is owned by insiders.
With an opening price of $3.2200 on Monday morning, Nokia Corp ADR (NYSE: NOK) set off the trading day. During the past 12 months, Nokia Corp ADR has had a low of $3.05 and a high of $5.11. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.64, and a quick ratio of 1.35. According to the stock market information, the enterprise value for the company is $17.54B, which is based on a 4.48 price-to-earnings ratio, a 0.67 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for NOK is $3.4988 and a two-hundred day moving average price translates $4.0399 for the stock.
The latest earnings results from Nokia Corp ADR (NYSE: NOK) was released for Sep, 2023. According to the Communication Equipment Company, earnings per share came in at $0.05, missing analysts’ expectations of $0.09 by -0.04. This compares to $0.07 EPS in the same period last year. The net profit margin was 15.61% and return on equity was 19.06% for NOK. The company reported revenue of $5.42 billion for the quarter, compared to $6.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.74 percent. For the current quarter, analysts expect NOK to generate $7.17B in revenue.
Nokia Corp ADR(NOK) Company Profile
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks and microwave radio links for transport networks, and solutions for network management, as well as network planning, optimization, network deployment, and technical support services. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, Wi-Fi in-home solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, business, mobile, cloud, and digital industry applications, as well as software-defined WAN solutions; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers cloud and network services, including core network solutions, such as voice and packet core; business applications, which covers security, automation, and monetization; cloud and cognitive services; and enterprise solutions covering private wireless and industrial automation. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
