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 -25.36% away from its 52-week high, while its distance from the 52-week low is 10.54%. The stock’s price range during this period has varied between $3.70 and $5.48. The company, active in the Technology sector, saw a trading volume of around 18.98 million for the day, considerably higher average daily volume of 18.66 million observed over the last three months.
Nokia Corp ADR (NOK) has a current stock price of $4.09. During the previous trading session, the stock witnessed a notable rise, reaching a high of $7.0 after opening at $4.09. The stock’s low for the day was $3.5, and it eventually closed at $4.05.
Nokia Corp ADR’s stock market performance has been somewhat irregular.
How Financial Performance Impacts Market Capitalization
Nokia Corp ADR (NOK) has experienced a quarterly decline of -19.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.00B.
Decoding Analysts’ Ratings for Nokia Corp ADR
As of right now, 2 analysts are rating Nokia Corp ADR as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
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 5.06, with a change in price of -1.06. Similarly, Nokia Corp ADR recorded 19,552,979 in trading volume during the last 100 days, posting a change of -20.58%.
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 0.21. Similarly, the long-term debt-to-equity ratio is also 0.16.
NOK Stock Stochastic Average
As of today, the raw stochastic average of Nokia Corp ADR over the last 50 days is at 6.12%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 7.44%. Further, the company’s Stochastic %K and %D values for the last 20 days were 4.44% and 3.17%, respectively.
NOK Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 4.34% this year. Over the last six months, there has been a stronger performance of -11.09%. The price of NOK leaped by -21.19% during the last 30 days period. For the last 5-days stocks have slided -3.99%.
