A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Nokia Corp ADR’s current trading price is -12.68% away from its 52-week high, while its distance from the 52-week low is 32.55%. The stock’s price range for this time frame has been between $3.61 and $5.48. The trading volume of the company’s shares in the Technology reached around 7.74 million for the day, which was evidently lower than the average daily volume of 17.59 million over the last three months.
Nokia Corp ADR (NOK) current stock price is $4.78. During the last trading session, the stock soared, reaching $7.0 after opening at $4.78. The stock’s lowest point was $3.8 before it closed at $4.75.
Nokia Corp ADR’s stock market performance has been consistent.
How Financial Performance Impacts Market Capitalization
Nokia Corp ADR (NOK) has experienced a quarterly decline of -6.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.79B.
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, 5 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 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 5.14, with a change in price of -0.20. Similarly, Nokia Corp ADR recorded 19,773,219 in trading volume during the last 100 days, posting a change of -4.11%.
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 0.24. Similarly, the long-term debt-to-equity ratio is also 0.14.
NOK Stock Stochastic Average
The raw stochastic average for Nokia Corp ADR over the last 50 days is presently at 12.18%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 16.10%. Further, the company’s Stochastic %K and %D values for the last 20 days were 13.84% and 11.74%, respectively.
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. Until today this year the stock’s price performance recorded an increase of 22.69%. However, over the last six months, the performance has been weaker by 7.77%. The price of NOK decreased -7.45% over the last 30 days. And in the last five days, it has fallen by -1.95%.
