The stock price of Nokia Corp ADR (NYSE: NOK) has dropped by -2.63 compared to previous close of 3.42. Despite this, the company has seen a fall of -4.58% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-13 that All investors, including even Warren Buffett, have suffered big losses. We take risks to earn returns and sometimes, risk factors play out. At other times, we also made mistakes in our analysis.
Is It Worth Investing in Nokia Corp ADR (NYSE: NOK) Right Now?
The price-to-earnings ratio for Nokia Corp ADR (NYSE: NOK) is above average at 26.06x, Company’s 36-month beta value is 1.11.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for NOK is 5.53B, and currently, short sellers hold a 0.48% ratio of that floaft. The average trading volume of NOK on April 15, 2024 was 15.08M shares.
NOK’s Market Performance
NOK’s stock has seen a -4.58% decrease for the week, with a -9.26% drop in the past month and a -4.86% fall in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 1.87% for Nokia Corp ADR The simple moving average for the last 20 days is -5.83% for NOK’s stock, with a simple moving average of -8.45% for the last 200 days.
NOK Trading at -6.49% from the 50-Day Moving Average
After a stumble in the market that brought NOK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.00% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -9.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.50% lower at present.
During the last 5 trading sessions, NOK fell by -4.58%, which changed the moving average for the period of 200-days by -19.17% in comparison to the 20-day moving average, which settled at $3.52. In addition, Nokia Corp ADR saw -2.63% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NOK
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.39 for the gross margin
The net margin for Nokia Corp ADR stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 3.14, with 1.45 for asset returns.
Based on Nokia Corp ADR (NOK), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 12.03.
Currently, EBITDA for the company is 3.23 billion with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 3.21for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
In a nutshell, Nokia Corp ADR (NOK) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
