How to buy Nokia (NOK) shares in the UK

Learn how to easily invest in Nokia shares.

Nokia Corporation
NYSE: NOK - USD
COMMUNICATION EQUIPMENT
$5.74
-$0.01 (-0.12%)

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 is listed on the NYSE and employs 92,039 staff. All prices are listed in US Dollars.

How to buy shares in Nokia

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NOK in this case.
  5. Research Nokia shares. The platform should provide the latest information available.
  6. Buy your Nokia shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Nokia's share price?

Since the stock market crash that started in February 2020, Nokia's share 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 2020 crash when the shares fell as low as $2.34.

If you had bought $1,000 worth of Nokia 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 $1,329.89.

Nokia share price (NYSE:NOK)

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

Nokia 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%
Volume16,853,377
Information last updated 2021-07-22.
52-week range$3.23 - $5.96
50-day moving average$5.4369
200-day moving average$4.614
Wall St. target price$6.03
Dividend yield$0.221 (3.81%)
Earnings per share (TTM)$-0.4511
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Invest in Nokia shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

Fees for buying 100x Nokia shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $200 £1.99
£399.55 total
Capital at risk
Fineco logo £0 No minimum £3.98
£401.54 total
Capital at risk
Freetrade logo £0 No minimum £1.79
£399.35 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.12
£398.68 total
Capital at risk
Stake logo £0 £50 £2.28
£399.84 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £16.22
£413.78 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £14.24
£411.80 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £14.76
£412.32 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Nokia 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 price performance over time

Historical closes compared with the last close of $5.47

1 month (2021-06-23) 8.32%

Is Nokia under- or over-valued?

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

PEG ratio

Nokia's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6376. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

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

EBITDA

Nokia's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $3 billion (£2.2 billion).

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

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 $2.431
Market capitalisation $32.9 billion

TTM: trailing 12 months

How to short and sell Nokia shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "NOK.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 29.1 million Nokia shares held short by investors – that's known as the "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 shares can be evaluated.

Short interest ratio (SIR)

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

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

Find out more about how you can short Nokia stock.

Nokia share dividends

3.8%

Dividend yield: 3.81% of stock value

5.2%

Forward annual dividend yield: 5.24% of stock value

Nokia has recently paid out dividends equivalent to 3.81% of its share value annually.

Nokia's most recent dividend payout was on 12 August 2019. The latest dividend was paid out to all shareholders who bought their shares by 28 July 2019 (the "ex-dividend date").

Have Nokia's shares ever split?

Nokia'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 shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Nokia shares which in turn could have impacted Nokia's share price.

Share price volatility

Over the last 12 months, Nokia'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's is 0.5675. This would suggest that Nokia's shares are less volatile than average (for this exchange).

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