Is Nokian Renkaat Oyj stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nokian Renkaat Oyj pays dividends. Last time was Wednesday 4th of December 2024 where the investors holding the stock on Wednesday 30th of October 2024 were paid $0.216 per share. Over the last 12 times between 2016 and 2024, Nokian Renkaat Oyj has paid $10.61388 with an average of $0.88 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nokian Renkaat Oyj 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $29.59, you would have made a loss of $-21.59 per share or -72.96%
No, the average daily trading liquidity for Nokian Renkaat Oyj is $49 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Nokian Renkaat Oyj has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Nokian Renkaat Oyj to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.