Stock in Queue: Nokia Corporation (NYSE:NOK)

Nokia Corporation (NYSE:NOK) with the stream of -0.47% in the last hour of trading session.

Nokia Corporation (NOK) had a good day on the market for Friday January 22 as shares fell -0.47% to close at $4.20. About 29,012,171 million shares traded hands on 32.91M trades for the day, compared with an average daily volume of 32.91M shares out of a total float of 5.36B. After opening the trading day at $4.19, shares of Nokia Corporation stayed within a range of $4.14 to $4.22.

With today’s loss, Nokia Corporation now has a market cap of $23.44B. Shares of Nokia Corporation have been trading within a range of $2.34 and $5.14 over the last year, and it had a 50-day SMA of $5.38% and a 200-day SMA of $2.65%.

The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. Last traded has a PEG ratio of 2.18 where as its P/E ratio was 26.25. The overall volume in the last trading session was 29,012,171 shares.

Important Results:

Nokia Corporation has P/S value of 0.87 while its P/B esteem remains at 1.28. Likewise, the company has Return on Assets of 1.90%, Return on Equity of 4.80% and Return on Investment of 1.70%. The company demonstrates Gross Margin and Operating Margin of 38.20% and 5.60% respectively.

NOK’s price to sales ratio for trailing twelve months was 0.87 and price to book ratio for most recent quarter was 1.28, whereas price to cash per share for the most recent quarter was 2.45. The Company’s price to free cash flow for trailing twelve months was recorded as 10.05.

Historical Performances to Consider:

The Stock’s performances for Monthly, weekly, half-yearly, quarterly & year-to-date are mentioned below:

On a Monthly basis the stock was 7.69%. On a weekly basis, the stock remained 2.69%. The half-yearly performance for the stock has -3.89%, while the quarterly performance was -1.87%. Looking further out we can see that the stock has moved 7.42% over the year to date. Other technical indicators are worth considering in assessing the prospects for EQT. RSI for instance was stand at 62.24.

Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft; and a collaboration with CommScope Holding Company, Inc. to develop an interleaved passive-active antenna radio platform. It also has a strategic 5G partnership with Zain KSA to rollout 60,000 FastMile 5G Gateway 3.1 with eSIM across Saudi Arabia. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.

Jake Charles

About Jake Charles

This is Jake Charles, a Senior News Writer for “Stocks Equity”. I covers “Active Stocks” sector and writes about trending Active Hot companies from an exclusive and “out of the box” perspective. I worked independently as a self motivator and with the financial institute as financial adviser to invest in the Active sector for over 9 years in the developing countries by introducing new phases and ways to improve in this sector. I like to travel all over the globe to get new experience and provide by best services to the companies. As an advisor I like to work with new people to share and explore new ideas keeping in view minimizing the operating cost and giving the best final product through new technology and minimizing the time of development.

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