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How to buy Nokia Corporation (NOK) stock

Learn how to easily invest in Nokia Corporation stock.

Nokia Corporation
NYSE: NOK - USD
COMMUNICATION EQUIPMENT
$5.75
-

Nokia Corporation (NOK) is a leading communication equipment business based in the US. It opened the day at $5.46 after a previous close of $5.41. During the day the price has varied from a low of $5.45 to a high of $5.51. The latest price was $5.47 (25 minute delay). Nokia Corporation is listed on the NYSE and employs 92,039 staff. All prices are listed in US Dollars.

Stock prices and other data on this page delayed by 25 minutes.

How to buy shares in Nokia Corporation

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – NOK – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

How has coronavirus impacted Nokia Corporation's share price?

Since the stock market crash in March caused by coronavirus, Nokia Corporation's share price has had significant positive movement.

Its last close price was $5.47, which is 23.95% up on its pre-crash value of $4.16 and 133.76% up on the lowest point reached during the March crash when the shares fell as low as $2.34.

If you had bought $1,000 worth of Nokia Corporation shares at the start of February 2020, those shares would have been worth $682.98 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1.00.

Nokia Corporation stock price (NYSE: NOK)

Use our graph to track the performance of NOK stocks over time.

Nokia Corporation shares at a glance

Information last updated 2021-07-09.
Open$5.46
High$5.51
Low$5.45
Close$5.47
Previous close$5.41
Change $0.06
Change % 1.1091%
Volume 16,853,377
Information last updated 2021-07-22.
52-week range$3.23 - $5.96
50-day moving average $5.44
200-day moving average $4.61
Wall St. target price$6.03
PE ratio N/A
Dividend yield $0.221 (3.81%)
Earnings per share (TTM) $-0.45

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Nokia Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Nokia Corporation price performance over time

Historical closes compared with the close of $5.47 from 2021-05-28

1 week (2021-07-14) N/A
1 month (2021-06-25) 0.37%
3 months (2021-04-21) N/A
6 months (2021-01-21) N/A
1 year (2020-07-21) N/A
2 years (2019-07-21) N/A
3 years (2018-07-21) N/A
5 years (2016-07-21) N/A

Is Nokia Corporation under- or over-valued?

Valuing Nokia Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nokia Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nokia Corporation's PEG ratio

Nokia Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6376. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nokia Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Nokia Corporation's EBITDA

Nokia Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3 billion.

The EBITDA is a measure of a Nokia Corporation's overall financial performance and is widely used to measure a its profitability.

Nokia Corporation financials

Revenue TTM $22 billion
Operating margin TTM 9.66%
Gross profit TTM $8.6 billion
Return on assets TTM 3.47%
Return on equity TTM -14.37%
Profit margin -9.74%
Book value $2.43
Market capitalisation $32.9 billion

TTM: trailing 12 months

Shorting Nokia Corporation shares

There are currently 29.1 million Nokia Corporation shares held short by investors – that's known as Nokia Corporation's "short interest". This figure is 13% down from 33.4 million last month.

There are a few different ways that this level of interest in shorting Nokia Corporation shares can be evaluated.

Nokia Corporation's "short interest ratio" (SIR)

Nokia Corporation's "short interest ratio" (SIR) is the quantity of Nokia Corporation shares currently shorted divided by the average quantity of Nokia Corporation shares traded daily (recently around 38.2 million). Nokia Corporation's SIR currently stands at 0.76. In other words for every 100,000 Nokia Corporation shares traded daily on the market, roughly 760 shares are currently held short.

However Nokia Corporation's short interest can also be evaluated against the total number of Nokia Corporation shares, or, against the total number of tradable Nokia Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nokia Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Nokia Corporation shares in existence, roughly 10 shares are currently held short) or 0.0063% of the tradable shares (for every 100,000 tradable Nokia Corporation shares, roughly 6 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nokia Corporation.

Find out more about how you can short Nokia Corporation stock.

Nokia Corporation share dividends

We're not expecting Nokia Corporation to pay a dividend over the next 12 months.

Have Nokia Corporation's shares ever split?

Nokia Corporation's shares were split on a 4:1 basis on 10 April 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Nokia Corporation shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Nokia Corporation shares which in turn could have impacted Nokia Corporation's share price.

Nokia Corporation share price volatility

Over the last 12 months, Nokia Corporation's shares have ranged in value from as little as $3.23 up to $5.96. A popular way to gauge a stock's volatility is its "beta".

NOK.US volatility(beta: 0.57)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nokia Corporation's is 0.5675. This would suggest that Nokia Corporation's shares are less volatile than average (for this exchange).

Nokia Corporation overview

Nokia Corporation provides mobile and fixed network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, 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, and policy and charging, as well as cloud, IoT, security, and analytics platforms; and submarine networks and radiofrequency systems.

Frequently asked questions

What percentage of Nokia Corporation is owned by insiders or institutions?
Currently 0.008% of Nokia Corporation shares are held by insiders and 6.553% by institutions.
How many people work for Nokia Corporation?
Latest data suggests 92,039 work at Nokia Corporation.
When does the fiscal year end for Nokia Corporation?
Nokia Corporation's fiscal year ends in December.
Where is Nokia Corporation based?
Nokia Corporation's address is: Karakaari 7, Espoo, Finland, 02610
What is Nokia Corporation's ISIN number?
Nokia Corporation's international securities identification number is: US6549022043
What is Nokia Corporation's CUSIP number?
Nokia Corporation's Committee on Uniform Securities Identification Procedures number is: 654902204

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