Large-cap Technology company Nokia has moved -1.7% so far today on a volume of 10,304,864, compared to its average of 16,467,111. In contrast, the S&P 500 index moved 0.0%.
Nokia trades -36.14% away from its average analyst target price of $5.99 per share. The 7 analysts following the stock have set target prices ranging from $4.39 to $7.24, and on average have given Nokia a rating of buy.
Anyone interested in buying NOK should be aware of the facts below:
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Nokia's current price is -52.1% below its Graham number of $7.98, which implies the stock has a margin of safety
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Nokia has moved -9.0% over the last year, and the S&P 500 logged a change of 19.0%
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Based on its trailing earnings per share of 0.78, Nokia has a trailing 12 month Price to Earnings (P/E) ratio of 4.9 while the S&P 500 average is 15.97
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NOK has a forward P/E ratio of 8.3 based on its forward 12 month price to earnings (EPS) of $0.46 per share
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The company has a price to earnings growth (PEG) ratio of 1.4 — a number near or below 1 signifying that Nokia is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.0 compared to its sector average of 6.23
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Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide.
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Based in Espoo, the company has 86,896 full time employees and a market cap of $21.21 Billion. Nokia currently returns an annual dividend yield of 3.1%.