(VIANEWS) – The NYSE ended the session with Nokia jumping 11.58% to $3.81 on Thursday, after two sequential sessions in a row of gains. NYSE rose 0.57% to $16,865.16, following the last session’s downward trend on what was a somewhat bullish trend exchanging session today.
Nokia’s last close was $3.41, 31.39% under its 52-week high of $4.97.
About Nokia
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks and microwave radio links for transport networks, and solutions for network management, as well as network planning, optimization, network deployment, and technical support services. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, Wi-Fi in-home solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, business, mobile, cloud, and digital industry applications, as well as software-defined WAN solutions; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro, regional, long-haul and ultra-long-haul applications; and submarine networks. In addition, it offers cloud and network services, including core network solutions, such as voice and packet core; business applications, which covers security, automation, and monetization; cloud and cognitive services; and enterprise solutions covering private wireless and industrial automation. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital developer, partner, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
Earnings Per Share
As for profitability, Nokia has a trailing twelve months EPS of $0.75.
PE Ratio
Nokia has a trailing twelve months price to earnings ratio of 5.07. Meaning, the purchaser of the share is investing $5.07 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.78%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Nokia’s EBITDA is 36.3.
Moving Average
Nokia’s worth is way above its 50-day moving average of $3.40 and below its 200-day moving average of $3.82.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 22, 2023, the estimated forward annual dividend rate is 0.13 and the estimated forward annual dividend yield is 3.73%.
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