Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Nokia Corp ADR’s current trading price is -15.09% away from its 52-week high, while its distance from the 52-week low is 42.96%. The stock’s price range during this period has varied between $2.94 and $4.95. The company, active in the Technology sector, saw a trading volume of around 4.36 million for the day, considerably lower average daily volume of 21.04 million observed over the last three months.
Nokia Corp ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $4.95 on 10/28/24, and the lowest price during the same period was recorded at $2.94 on 12/05/23.
How Financial Performance Impacts Market Capitalization
Nokia Corp ADR (NOK) has experienced a quarterly decline of -4.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.55B.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.25, with a change in price of +0.25. Similarly, Nokia Corp ADR recorded 18,372,320 in trading volume during the last 100 days, posting a change of +6.24%.
How NOK’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NOK stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.17.
NOK Stock Stochastic Average
As of today, the raw stochastic average of Nokia Corp ADR over the past 50 days is 26.53%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 32.46%. Additionally, the Stochastic %K and %D values for the company were 32.91% and 32.41%, respectively, over the past 20 days.
NOK Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 22.89%.However, over the last six months, we can see a weaker performance of 6.41%. Over the last 30 days, the price of NOK has leaped by -10.76%. And in the last five days, it has surged by 0.55%.
