A Fresh Look At Nokia Corporation (NYSE:NOK)


Nokia Corporation (NYSE:NOK) closed its last session at $5.65. The stock traded within a range of $5.47 and $5.68. The company operates in the Technology sector with a market capitalization of 33.22 Million. Trading volume for Nokia Corporation was 23.11 Million in its previous trading session. Currently, Nokia Corporation (NYSE:NOK) has an average volume of 16.41 Million.

Company Profile

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people.  Nokia is a broadly held company with listings on six major exchanges.

Analyst Views

Nokia Corporation (NYSE:NOK) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Nokia Corporation (NYSE:NOK) touched its 1-Year High price of $6.65 on 05/23/17 and its 1-Year Low price of $4.51 on 12/12/17.

EPS & Financials

Nokia Corporation (NYSE:NOK) reported its EPS in the last quarter as $0.15/Share beating the analyst estimate of $0.11/Share by a difference of $0.04. This showed a surprise of 36.4% in the last quarter earnings.

For the current quarter, 7 analysts are projecting a mean EPS of $0.04/share. According to their observations and findings, the stock could provide a high EPS of $0.05/share and a low EPS of $0.03/share.

Analysts believe that the company has the potential to earn average revenue of $6.36 Billion for the current quarter. According to their predictions high & low revenue estimates are 6.71 Billion and 6.02 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Nokia Corporation (NYSE:NOK) has a 20-Day average volume of 25.52 Million. According to today’s trading volume Nokia Corporation is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0 Percent and Institutional ownership of 6.1 Percent. The return on assets stands at -1%, Return on Equity currently is -2.3% and the Return on Investment value is -2.7%.

Nokia Corporation (NYSE:NOK) gross margin percentage stands at 39.5% while its operating margin for the past trailing twelve month is 0.9 percent and its overall profit margin (ttm) is -1.8 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 10.11% with a 50-Day Simple Moving Average of 15.24 percent. As of today, the company has a SMA200 (200-day simple moving average) of -1.23 Percent. The Stock has YTD (year to date) performance of 21.24 percent.

The TTM operating margin for the company stands at 0.9%. The return on invested capital is at -2.7%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -1.23%, and has a solid year to date (YTD) performance of 21.24% which means that the stock is constantly adding to its value from the previous fiscal year end price.