Nokia Oyj (ADR) (NYSE:NOK) inked an agreement with utility firm Cleco Holdings to modernize the latter’s microwave communications network to better serve customers. The deal is expected to improve the operational efficiency of Cleco by replacing its legacy hybrid radio equipment with Nokia’s state-of-the-art packet-based architecture.
Technical Stock Analysis
Nokia Oyj (ADR) (NYSE:NOK), a Technology sector firm, traded 12.86 Million shares in last trading session and stock declined -0.19% with closing price of $5.16 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Nokia Oyj (ADR) (NYSE:NOK)’s gross margin stands at 36.30%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Nokia Oyj (ADR) (NYSE:NOK)’s profitability or to compare the efficiency of different investments, hence, NOK return on investment (ROI) is -1.20%.
52-Week Range are valuable stats for watching Nokia Oyj (ADR) (NYSE:NOK)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Nokia Oyj (ADR) (NYSE:NOK)’s stock value has moved between $4.69 – 6.62 in last one year.
Analysts mean target price for Nokia Oyj (ADR) (NYSE:NOK) is $6.54 while analysts mean recommendation is 2.40.
Its weekly performance is 4.24% while year to date (YTD) performance is -11.34%.
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Nokia Oyj (ADR) (NYSE:NOK)’s EPS growth this year is 19.50%. For best decision making investors should look at Nokia Oyj (ADR) (NYSE:NOK)’s EPS growth for next year stands at 55.56%.