Nokian Renkaat Oyj (OTCMKTS:NKRKY – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports.
Nokian Renkaat Oyj Trading Up 0.9%
Shares of OTCMKTS:NKRKY opened at $7.33 on Friday. Nokian Renkaat Oyj has a 1 year low of $3.73 and a 1 year high of $7.61. The firm’s 50-day moving average is $6.62 and its two-hundred day moving average is $6.15.
About Nokian Renkaat Oyj
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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