Nokia Corp ADR (NYSE:NOK) shares, rose in value, with the stock price down by -0.82% to the previous day’s close as strong demand from buyers drove the stock to $3.65.
Actively observing the price movement in the last trading, the stock closed the session at $3.68. The PE ratio was 22.88 over 12-month period. Referring to stock’s 52-week performance, its high was $4.36, and the low was $2.94. On the whole, NOK has fluctuated by 3.69% over the past month.
The company’s Forward Dividend Ratio is 0.17, with its dividend yield at 4.73%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NOK’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.41, with the price of NOK currently trading nearly 4.69% and 3.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.89, while the 7-day volatility ratio is showing 2.49% which for the 30-day chart, stands at 2.15%. Furthermore, Nokia Corp ADR (NOK)’s beta value is 1.08, and its average true range (ATR) is 0.09.
A comparison of Nokia Corp ADR (NOK) with its peers suggests the former has fared considerably weaker in the market. NOK showed an intraday change of -0.82% in last session, and over the past year, it shrunk by -13.10%%.
Data on historical trading for Nokia Corp ADR (NYSE:NOK) indicates that the trading volumes over the past 3 months, they’ve averaged 15.53 million. According to company’s latest data on outstanding shares, there are 5.53 billion shares outstanding.
Nearly 0.00% of Nokia Corp ADR’s shares belong to company insiders and institutional investors own 5.33% of the company’s shares. The stock has risen by 6.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NOK stock heading into the next quarter.
