Nokian Renkaat Oyj (OTCMKTS:NKRKY – Get Free Report) issued its earnings results on Friday. The company reported $0.08 EPS for the quarter, Zacks reports.
Nokian Renkaat Oyj Price Performance
NKRKY stock opened at $7.33 on Friday. The firm has a 50 day moving average of $6.62 and a two-hundred day moving average of $6.15. Nokian Renkaat Oyj has a 12 month low of $3.73 and a 12 month high of $7.61.
Nokian Renkaat Oyj Company Profile
Nokian Renkaat Oyj, operating under the Nokian Tyres brand, is a Finnish manufacturer specializing in the design, development and production of tires for passenger cars, SUVs, trucks and heavy machinery. The company is particularly renowned for its winter tire technologies, offering a portfolio that includes studded and studless solutions engineered for snow, ice and challenging weather conditions. Nokian also produces all-season and summer tire lines, catering to a broad range of on-road and off-road applications.
The firm traces its origins to the Finnish Rubber Works founded in 1898 and emerged as an independent tire company following a spin-off from Nokia Corporation in 1988.
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