Thread: Let's talk Nokia stock. Really.
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switch-hitter is offline switch-hitter
2012-08-11 , 20:19
Posts: 207 | Thanked: 552 times | Joined on Jul 2011
#35
An interesting article

"Not only is Nokia losing money with a negative profit margin of 12.77%, but it could run out of cash in 2013.

The debt-to-equity ratio of 0.58 is way too high for a company that is losing money, or making any, for that matter.

On a quarterly basis, sales growth is down by 18.68%.

Over the same period, earnings-per-share growth is lower by 283.06%.

The only indicator that is increasing sharply is the short float for Nokia Corporation, now the second largest on the New York Stock Exchange at 202,751,180 shares, a 22.4% jump from July 13 to July 31, the most recent reporting period. "