There’s Something Awry at Nokia Corp ADR (NYSE:NOK) Since Share Price Gets Ahead of Fundamentals

The stock of Nokia Corp ADR (NYSE:NOK) last traded at $5.17, up 0.19% from the previous session.

NOK stock price is now -0.46% away from the 50-day moving average and 8.02% away from the 200-day moving average. The market capitalization of the company currently stands at $27.87B.

With the price target maintained at $3.60, Goldman recently Downgraded its rating from Neutral to Sell for Nokia Corp ADR (NYSE: NOK). On December 09, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $4.35 to quote $6.35, while ‘Danske Bank’ rates the stock as ‘Buy’

A total of 0.00% of the company’s stock is owned by insiders.

During the past 12 months, Nokia Corp ADR has had a low of $3.60 and a high of $5.48. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.36, and a quick ratio of 1.15. According to the stock market information, the enterprise value for the company is $26255898624, which is based on a 35.05 price-to-earnings ratio, a 12.43 price-to-earnings-growth ratio, and a beta of 0.92. The fifty day moving average price for NOK is $5.194 and a two-hundred day moving average price translates $4.7863 for the stock.

The latest earnings results from Nokia Corp ADR (NYSE: NOK) was released for 2025-03-31. The net profit margin was 3.94% and return on equity was 5.70% for NOK. The company reported revenue of $4.62 billion for the quarter, compared to $5.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.73 percent.

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