Nokia Corp ADR (NYSE:NOK) shares, rose in value, with the stock price down by -0.50% to the previous day’s close as strong demand from buyers drove the stock to $4.99.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.01, falling within a range of $4.95 and $5.0. The value of beta (5-year monthly) is 0.737 whereas the PE ratio is 19.96 over 12-month period. Referring to stock’s 52-week performance, its high was $5.01, and the low was $3.29. On the whole, NOK has fluctuated by 10.53% over the past month.
With the market capitalization of Nokia Corp ADR currently standing at about $26.79 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.14, with its dividend yield at 2.80%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 19.44B, with a low estimate of 4.23B and a high estimate of 4.49B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.36B.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of NOK currently trading nearly 6.59% and 9.97% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.22, while the 7-day volatility ratio is showing 1.70% which for the 30-day chart, stands at 1.92%. Furthermore, Nokia Corp ADR (NOK)’s beta value is 1.12, and its average true range (ATR) is 0.11.
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 -0.50% in today’s session so far, and over the past year, it grew by 37.71%%.
Data on historical trading for Nokia Corp ADR (NYSE:NOK) indicates that the trading volumes over the past 10 days have averaged 22.99 and over the past 3 months, they’ve averaged 16.99 million. According to company’s latest data on outstanding shares, there are 5.37 billion shares outstanding.
Nearly 0.01% of Nokia Corp ADR’s shares belong to company insiders and institutional investors own 7.54% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 55.85 million shares as on 2025-01-15, resulting in a short ratio of 4.69. According to the data, the short interest in Nokia Corp ADR (NOK) stood at 104.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 50.85 million. The stock has risen by 12.53% 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.
