Is Nokia Corp ADR (NYSE: NOK) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 21.44 million Nokia Corp ADR (NYSE:NOK) shares changed hands as the company’s beta touched 1.11. With the company’s per share price at $3.30 changed hands at -$0.03 or -0.90% during last session, the market valuation stood at $18.23B. NOK’s last price was a discount, traded about -50.61% off its 52-week high of $4.97. The share price had its 52-week low at $2.94, which suggests the last value was 10.91% up since then. When we look at Nokia Corp ADR’s average trading volume, we note the 3-month average coming to 15.04 million.

Nokia Corp ADR (NYSE:NOK) trade information

Instantly NOK was in red as seen at the end of in last trading. With action -5.17%, the performance over the past five days has been red. The drop to weekly highs of 3.53 subtracted -0.90% to the stock’s daily price. The company’s shares are showing year-to-date downside of -3.51%, with the 5-day performance at -5.17% in the red. However, in the 30-day time frame, Nokia Corp ADR (NYSE:NOK) is -9.84% down.

Nokia Corp ADR (NOK) estimates and forecasts

Data shows that the Nokia Corp ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -7.56% over the past 6 months, a 22.58% in annual growth rate that is considerably higher than the industry average of 7.90%.

The 2024 estimates are for Nokia Corp ADR earnings to increase by 16.52%, but the outlook for the next 5-year period is at 6.72% per year.

NOK Dividends

Nokia Corp ADR is expected to release its next quarterly earnings report in May. The 3.94% annual yield figure for the share gives it an annual dividend of 0.13. It is important to note, however, that the 3.94% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.