Nokia Corp ADR’s stock has had a calm market performance.
52-week price history of NOK Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nokia Corp ADR’s current trading price is -3.59% away from its 52-week high, while its distance from the 52-week low is 47.99%. The stock’s price range during this period has fluctuated between $3.57 and $5.48. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 9.14 million for the day, which was evidently lower than the average daily volume of 21.31 million over the last three months.
Financial Performance and Market Capitalization
Nokia Corp ADR (NOK) has experienced a quarterly rise of 5.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.64B.
Moving average and trading volume data
NOK Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NOK stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.14.
NOK Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 19.26% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 26.39%. Over the past 30 days, the price of NOK has fallen by 5.88%. And in the last five days, it has fallen by -1.06%.