Nokia Corp ADR [NYSE: NOK] jumped around 0.04 points on Monday, while shares priced at $4.40 at the close of the session, up 0.92%.
Compared to the average trading volume of 16.67M shares, NOK reached a trading volume of 12986478 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Nokia Corp ADR [NOK]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NOK shares is $4.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NOK stock is a recommendation set at 2.47. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Nokia Corp ADR shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on January 19, 2024. While these analysts kept the previous recommendation, Exane BNP Paribas raised their target price to Neutral. The new note on the price target was released on January 12, 2024, representing the official price target for Nokia Corp ADR stock.
The Average True Range (ATR) for Nokia Corp ADR is set at 0.07, with the Price to Sales ratio for NOK stock in the period of the last 12 months amounting to 1.13. The Price to Book ratio for the last quarter was 1.08, with the Price to Cash per share for the same quarter was set at 1.70. Price to Free Cash Flow for NOK in the course of the last twelve months was 8.54 with Quick ratio for the last quarter at 1.48.
How has NOK stock performed recently?
Nokia Corp ADR [NOK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.62. With this latest performance, NOK shares gained by 4.76% in over the last four-week period, additionally plugging by 33.33% over the last 6 months – not to mention a rise of 23.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NOK stock in for the last two-week period is set at 58.07, with the RSI for the last a single of trading hit 56.72, and the three-weeks RSI is set at 58.64 for Nokia Corp ADR [NOK]. The present Moving Average for the last 50 days of trading for this stock 4.21, while it was recorded at 4.41 for the last single week of trading, and 3.80 for the last 200 days.
Nokia Corp ADR [NOK]: Deeper insight into the fundamentals
Nokia Corp ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.48 and a Current Ratio set at 1.73.
Earnings analysis for Nokia Corp ADR [NOK]
With the latest financial reports released by the company, Nokia Corp ADR posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NOK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Nokia Corp ADR go to 11.12%.
Insider trade positions for Nokia Corp ADR [NOK]
The top three institutional holders of NOK stocks are: ARTISAN PARTNERS LIMITED PARTNERSHIP with ownership of 106.76 million shares, which is approximately 1.932%. PZENA INVESTMENT MANAGEMENT LLC, holding 82.52 million shares of the stock with an approximate value of $$311.94 million in NOK stocks shares; and PZENA INVESTMENT MANAGEMENT LLC, currently with $$46.71 million in NOK stock with ownership which is approximately 0.2236%.
