Market Cap for Nokia Oyj

Nokia Oyj is a Finnish multinational telecommunications, information technology, and consumer electronics company. As of February 3rd 2023, it had a market capitalization of 24.86 billion euros (25.04 bln EUR on February 2nd and 24.42 bln on February 1st). Nokia’s current price is 4.41 euros per share with an EPS of 0.75 and a PE ratio of 5.87. In the past year, the lowest price was 4.12 euros per share on April 20th 2023 and the highest price was 5.20 euros per share on January 11th 2023, representing an appreciation of 6% over that period. The average 50 day moving average is 4.45 euros per share and the 200 day moving average is 4.63 euros per share at present time meaning that currently Nokia’s stock is trading below its long term trends which could indicate weak demand in near future or from investors’ point of view, potential for gains if stock rises back above its trend level in next few months or quarters .In conclusion, given its current financial performance and recent trends in pricing, Nokia Oyj is likely to remain stable in terms of financial condition although further changes in stock prices should be monitored closely by investors to assess if any adjustment to their portfolio may be necessary in light of new evidence about company’s financial situation.