Novo Nordisk ADR (NVO) concluded trading on Thursday at a closing price of $130.89, with 2.88 million shares of worth about $377.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.92% during that period and on September 05, 2024 the price saw a loss of about -2.71%. Currently the company’s common shares owned by public are about 3.38B shares, out of which, 3.34B shares are available for trading.
Stock saw a price change of -2.67% in past 5 days and over the past one month there was a price change of 0.59%. Year-to-date (YTD), NVO shares are showing a performance of 26.52% which increased to 37.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $86.96 but also hit the highest price of $148.15 during that period. The average intraday trading volume for Novo Nordisk ADR shares is 3.91 million. The stock is currently trading -2.45% below its 20-day simple moving average (SMA20), while that difference is down -3.43% for SMA50 and it goes to 5.42% higher than SMA200.
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Novo Nordisk ADR (NYSE: NVO) currently have 3.38B outstanding shares and institutions hold larger chunk of about 10.14% of that.
The stock has a current market capitalization of $436.97B and its 3Y-monthly beta is at 0.44. PE ratio of stock for trailing 12 months is 44.93, while it has posted earnings per share of $2.91 in the same period. Its PEG reads 16.04 and has Quick Ratio of 0.75 while making debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NVO, volatility over the week remained 1.52% while standing at 1.76% over the month.
Stock’s fiscal year EPS is expected to rise by 24.30% while it is estimated to increase by 26.08% in next year. EPS is likely to shrink at an annualized rate of 2.80% for next 5-years, compared to annual growth of 16.48% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on May 30, 2024 offering a Buy rating for the stock and assigned a target price of $156 to it. Coverage by BMO Capital Markets stated Novo Nordisk ADR (NVO) stock as an Outperform in their note to investors on April 12, 2024, suggesting a price target of $163 for the stock. Stock get an Overweight rating from Cantor Fitzgerald on December 01, 2023.
