The trading price of Nokia Corp ADR (NYSE:NOK) closed higher on Friday, April 19, closing at $3.52, 2.03% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 22.07, while its 5Y monthly beta was 0.70. In examining the 52-week price action we see that the stock hit a 52-week high of $4.67 and a 52-week low of $2.94. Over the past month, the stock has lost -1.95% in value.
Nokia Corp ADR, whose market valuation is $19.44 billion at the time of this writing. The dividend yield on the company stock is 3.70%, while its Forward Dividend ratio is 0.13. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Nokia Corp ADR No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest NOK has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently Hold.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 3.28, which symbolizes a positive outlook. A quick review shows that NOK’s price is currently 1.27% off the SMA20 and -0.53% off the SMA50. The RSI metric on the 14-day chart is currently showing 53.30, and weekly volatility stands at 2.44%. When measured over the past 30 days, the indicator reaches 1.94%. Nokia Corp ADR (NYSE:NOK)’s beta value is currently sitting at 1.09, while the Average True Range indicator is currently displaying 0.08.
To see how Nokia Corp ADR stock has been performing in comparison to its peers in the industry, here are the numbers: NOK stock’s performance was 2.03% in the latest trading, and -23.81% in the past year. Nokia Corp ADR has a P/E ratio of 22.07.
An evaluation of the daily trading volume of Nokia Corp ADR (NYSE:NOK) indicates that the 3-month average is 15.79 million.
Currently, records show that 5.53 billion of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereas institutions hold 5.34%. However, since the stock’s price has seen 2.92% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
