|Bid||6.23 x 120800|
|Ask||6.24 x 32400|
|Day's Range||6.20 - 6.26|
|52 Week Range||4.04 - 6.65|
|PE Ratio (TTM)||-73.18|
|Dividend & Yield||0.18 (2.95%)|
|1y Target Est||N/A|
Nokia Oyj (ADR) (NYSE:NOK) have come in a bit over the past few months. The shares trade right at $6, the lowest levels since early May. The recent, modest pullback comes after a nice run following the U.S. presidential election pushed NOK stock to a then-15-month high of $6.65. Looking at the chart, it’s not hard to imagine Nokia stock falling further, particularly if it breaks a support level right at $6. The fundamentals give the same feeling.
While the Nokia 8 continues to pick up critical acclaim, the next handset to arrive with the revitalised Finnish brand is set to push the limits of software and design. Not only does the Nokia 9 look the part of a 2017 flagship, but it also pushes the envelope with its Android choices.
Nokia (NOKIA.HE) will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea's LG Electronics for using its smartphone patents. "We believe that this award confirms the quality of Nokia's patent portfolio. The ruling was made by the International Court of Arbitration of the International Chamber of Commerce.