In yesterday’s Wall Street session, Nokia Corp ADR (NYSE:NOK) shares traded at $4.61, up 2.22% from the previous session.
NOK stock price is now 4.38% away from the 50-day moving average and 12.30% away from the 200-day moving average. The market capitalization of the company currently stands at $25.10B.
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 $3.29 and a high of $4.95. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.72, and a quick ratio of 1.46. According to the stock market information, the enterprise value for the company is $21089259520, which is based on a 56.70 price-to-earnings ratio, a 5.10 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for NOK is $4.4184 and a two-hundred day moving average price translates $4.09995 for the stock.
The latest earnings results from Nokia Corp ADR (NYSE: NOK) was released for 2024-09-30. The net profit margin was 2.18% and return on equity was 4.26% for NOK. The company reported revenue of $4.76 billion for the quarter, compared to $5.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.27 percent.
