Is Nokia a short squeeze candidate?

Is Nokia a short squeeze candidate?

The company has also been the successful target of a short squeeze in the past. Even though Nokia has a massive 4.64-billion-share float, it was targeted alongside GameStop Corporation GME and AMC Entertainment Holdings Inc AMC in January in an epic short squeeze.

Similarly, How many shares of Nokia are there?

Share Statistics

Avg Vol (3 month) 3 28.34M
Shares Outstanding 5 5.63B
Implied Shares Outstanding 6 N/A
Float 8 4.65B
% Held by Insiders 1 0.00%

Is Nokia a good stock to buy 2021? But in 2021 5G has finally made Nokia a winner. The shares are up over 45%, having gone from $4 each to over $5.50 just since March. Whether the advance can continue into 2022 depends on CEO Pekka Lundmark, one of Europe’s best business diplomats.

Thereof, Should I sell Nokia stock?

Nokia(NOK-N) Rating

Stockchase rating for Nokia is calculated according to the stock experts’ signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Will Nokia pay a dividend in 2021?

Nokia also proposed a dividend, suspended since 2019, of 8 euro cents per share for 2021, and start a share buyback scheme of 600 million euros. Nokia predicted its 2022 revenue will amount to between 22.6 billion euros and 23.8 billion euros ($25.5 billion-$26.9 billion), up from 22.2 billion last year.

Is Nokia a good stock to buy 2022?

The Nokia stock forecast 2022 is a bullish one, which rides on the back of the latest 2021 guidance by the company that exceeds its previous targets, the 4th quarter earnings that beat estimates, the restart of dividend payments, and the strong imprint the company is making in the deployment of 5G technology.

Will Nokia stocks go up?

Many may see Nokia’s (NYSE:NOK) strong performance during 2021 and chalk it up entirely to its association to the “meme stocks” trend.

Is Nokia good long term?

Nokia wrapped up another strong quarter highlighted by decent revenue and margin growth. Though its supply chain issues may impact its fourth-quarter performance, it should perform exceedingly well in the long term.

Could Nokia be a millionaire maker stock?

In the end, Nokia is unlikely to turn small investors into millionaires.

Will Nokia continue to go up?

Jan. 11, 2022, at 2:37 a.m. HELSINKI (Reuters) -Finnish telecoms equipment maker Nokia on Tuesday gave its first guidance for 2022, easing investors’ concerns over the impact the global chip shortage may have had on its operations.

Will Nokia stock go up tomorrow?

If this Munafa value is near or nearing 100, then this stock might show an upward movement.

Munafa value: 40 as on 08 Fri Apr 2022.

Downside target 5.3
Upside target 5.41
Upside target 5.43
Upside target 5.48
Upside target 5.51

What was Nokia highest stock price?

The all-time high Nokia stock closing price was 61.88 on June 19, 2000. The Nokia 52-week high stock price is 6.40, which is 23.6% above the current share price. The Nokia 52-week low stock price is 4.10, which is 20.8% below the current share price. The average Nokia stock price for the last 52 weeks is 5.54.

Did Nokia reinstate dividend?

Nokia on Thursday reinstated its quarterly dividend, launched a share buyback program and introduced new, long-term goals as the Finnish telecom equipment maker starts to see its turnaround strategy pay off.

What was Nokia last dividend?

NOK Dividend History

Ex/EFF DATE TYPE CASH AMOUNT
05/22/2019 CASH $0.046
05/31/2018 CASH $0.196
05/24/2017 CASH $0.133
06/16/2016 CASH $0.203

Will Nokia ever pay a dividend again?

The Annual General Meeting decided on 5 April 2022 that no dividend is distributed by a resolution of the Annual General Meeting and authorized the Board of Directors to resolve in its discretion on the distribution of an aggregate maximum of EUR 0.08 per share as dividend from the retained earnings and/or as assets …

Can Nokia bounce back?

Lundmark stepped in as CEO in March 2020, while company shares were losing value at speed, and a few months later launched a brand-new model to restructure Nokia. After a tough few years, Nokia is bouncing back.

Will Nokia stock go up 2022?

Many may see Nokia’s (NYSE:NOK) strong performance during 2021 and chalk it up entirely to its association to the “meme stocks” trend. This investing phenomenon could have played a role in some of its wilder moves last year (it’s not for certain).

Does Nokia pay dividends?

Nokia also proposed a dividend, suspended since 2019, of 8 euro cents per share for 2021, and start a share buyback scheme of 600 million euros. Nokia predicted its 2022 revenue will amount to between 22.6 billion euros and 23.8 billion euros ($25.5 billion-$26.9 billion), up from 22.2 billion last year.

How is Nokia doing in 2021?

Nokia estimated a full-year 2021 comparable operating margin of 12.4-12.6%, above its previous guidance of 10-12%, and net sales of 21.7-22.7 billion euros, within its previously announced range. The company said its underlying business performed largely as expected in the fourth quarter.

Does Nokia pay dividends?

Nokia, which suspended its dividend in 2019 even before the Covid-19 pandemic, said it will now provide shareholders with 8 euro cents per share for 2021. The company also announced plans to repurchase 600 million euros worth of its own stock in the coming year.

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