Nokian Renkaat Oyj (OTCMKTS:NKRKF – Get Free Report) is anticipated to issue its results before the market opens on Tuesday, October 27th. Analysts expect Nokian Renkaat Oyj to post earnings of $0.2104 per share and revenue of $426.77 million for the quarter.
Nokian Renkaat Oyj Price Performance
Shares of NKRKF stock opened at $17.50 on Tuesday. The stock’s 50 day simple moving average is $17.45 and its 200 day simple moving average is $14.74. Nokian Renkaat Oyj has a twelve month low of $9.00 and a twelve month high of $17.50.
Nokian Renkaat Oyj Company Profile
Nokian Renkaat Oyj, also known as Nokian Tyres, is a Finland-based tire manufacturer specializing in products designed for challenging weather and driving conditions. The company develops and sells tires for passenger cars, SUVs, vans, trucks, and other heavy machinery, with a particular emphasis on winter tires and products suited to Nordic climates.
The company also provides tires for forestry, agriculture, construction, and other specialized applications. Its products are sold through tire dealers, automotive retailers, and its Vianor service and distribution network, which offers tire sales, installation, maintenance, and related automotive services.
Nokian Tyres traces its roots to Finland’s rubber industry and introduced what it describes as the world’s first winter tire in 1934.
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