Nokia Corporation is a communication equipment business based in the US. Nokia Corporation stocks (NOK.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $5.41 – an increase of 3.2% over the previous week. Nokia Corporation employs 92,039 staff and has a trailing 12-month revenue of around $22 billion.
How to buy Nokia Corporation stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: NOK in this case.
- Research Nokia Corporation stocks. The platform should provide the latest information available.
- Buy your Nokia Corporation stocks. It's that simple.
What's in this guide?
- Can I buy shares in Nokia Corporation?
- Has coronavirus impacted Nokia Corporation shares?
- Nokia Corporation shares summary
- Compare share dealing platforms
- Is Nokia Corporation stock a buy or sell?
- Nokia Corporation performance over time
- Can I short Nokia Corporation shares?
- Are Nokia Corporation shares over-valued?
- Nokia Corporation's financials
- How volatile are Nokia Corporation shares?
- Does Nokia Corporation pay a dividend?
- Have Nokia Corporation shares ever split?
- Other common questions
How has Coronavirus impacted Nokia Corporation's stock price?
Since the stock market crash in March caused by coronavirus, Nokia Corporation's stock price has had significant positive movement.
Its last market close was $5.16, which is 19.38% up on its pre-crash value of $4.16 and 120.51% up on the lowest point reached during the March crash when the stocks fell as low as $2.34.
If you had bought $1,000 worth of Nokia Corporation stocks at the start of February 2020, those stocks 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 $1,329.89.
Nokia Corporation stock priceUse our graph to track the performance of NOK stocks over time.
Nokia Corporation stocks at a glance
|Latest market close||$5.16|
|52-week range||$3.23 - $5.96|
|50-day moving average||$5.4674|
|200-day moving average||$4.671|
|Wall St. target price||$6.03|
|Dividend yield||$0.221 (3.84%)|
|Earnings per share (TTM)||$-0.4503|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
Nokia Corporation price performance over time
|1 month (2021-07-01)||-3.91%|
|3 months (2021-04-30)||10.26%|
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 2.6836. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
Nokia Corporation's EBITDA
Nokia Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$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||USD$22 billion|
|Operating margin TTM||9.66%|
|Gross profit TTM||USD$8.6 billion|
|Return on assets TTM||3.47%|
|Return on equity TTM||-14.37%|
|Market capitalisation||USD$32.8 billion|
TTM: trailing 12 months
How to short and sell Nokia Corporation stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "NOK.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 31.8 million Nokia Corporation stocks held short by investors – that's known as Nokia Corporation's "short interest". This figure is 16.2% down from 37.9 million last month.
There are a few different ways that this level of interest in shorting Nokia Corporation stocks can be evaluated.
Nokia Corporation's "short interest ratio" (SIR)
Nokia Corporation's "short interest ratio" (SIR) is the quantity of Nokia Corporation stocks currently shorted divided by the average quantity of Nokia Corporation stocks traded daily (recently around 31.8 million). Nokia Corporation's SIR currently stands at 1. In other words for every 100,000 Nokia Corporation stocks traded daily on the market, roughly 1000 stocks are currently held short.
However Nokia Corporation's short interest can also be evaluated against the total number of Nokia Corporation stocks, or, against the total number of tradable Nokia Corporation stocks (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 stocks (for every 100,000 Nokia Corporation stocks in existence, roughly 10 stocks are currently held short) or 0.0068% of the tradable stocks (for every 100,000 tradable Nokia Corporation stocks, roughly 7 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Nokia Corporation.
Find out more about how you can short Nokia Corporation stock.
Nokia Corporation stock dividends
We're not expecting Nokia Corporation to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Nokia Corporation stocks ever split?
Nokia Corporation stocks were split on a 4:1 basis on 11 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 stocks – just the quantity. However, indirectly, the new 75% lower stock price could have impacted the market appetite for Nokia Corporation stocks which in turn could have impacted Nokia Corporation's stock price.
Nokia Corporation stock price volatility
Over the last 12 months, Nokia Corporation's stocks 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".
Beta is a measure of a stocks 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 stocks 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. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
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