Nokia Corp ADR (NYSE:NOK) shares traded unchanged at $3.72 on Wall Street last session.
NOK stock price is now 4.08% away from the 50-day moving average and 3.69% away from the 200-day moving average. The market capitalization of the company currently stands at $20.55B.
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, while ‘Goldman’ rates the stock as ‘Neutral’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Nokia Corp ADR has had a low of $2.94 and a high of $4.36. As of last week, the company has a debt-to-equity ratio of 0.22, a current ratio of 1.64, and a quick ratio of 1.40.
According to the Communication Equipment Company, earnings per share came in at 0.08, inline with analysts’ expectations of 0.08. This compares to $0.06 EPS in the same period last year. The net profit margin was 3.90% and return on equity was 3.85% for NOK. The company reported revenue of $5.07 billion for the quarter, compared to $6.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -19.43 percent. For the current quarter, analysts expect NOK to generate $5.22B in revenue.
Nokia Corp ADR(NOK) Company Profile
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission. It serves its products and services to communications service providers, webscales and hyperscalers, digital industries, and government. The company also offers mobile technology products and services for radio access networks and microwave radio links for transport networks, network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, it offers cloud and network services, including core network solutions, such as voice and packet core; business applications, such as security, automation, and monetization; cloud and cognitive services; and enterprise solutions, including private wireless and industrial automation. Further, the company licenses intellectual property, including patents, technologies, and the Nokia brand. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
