A new trading day began on Friday, with Novo Nordisk ADR (NYSE: NVO) stock price down -0.47% from the previous day of trading, before settling in for the closing price of $113.92. NVO’s price has ranged from $92.94 to $148.15 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 14.25% over the last five years. Meanwhile, its annual earnings per share averaged 23.67%. With a float of $3.34 billion, this company’s outstanding shares have now reached $3.38 billion.
The firm has a total of 63370 workers. Let’s measure their productivity. In terms of profitability, gross margin is 84.53%, operating margin of 43.26%, and the pretax margin is 43.77%.
Novo Nordisk ADR (NVO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – General Industry. The insider ownership of Novo Nordisk ADR is 0.02%, while institutional ownership is 10.08%.
Novo Nordisk ADR (NVO) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.73 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.21% during the next five years compared to 16.48% growth over the previous five years of trading.
Novo Nordisk ADR (NYSE: NVO) Trading Performance Indicators
Here are Novo Nordisk ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.12. Likewise, its price to free cash flow for the trailing twelve months is 32.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.91, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 4.22 in one year’s time.
Technical Analysis of Novo Nordisk ADR (NVO)
Analysing the last 5-days average volume posted by the [Novo Nordisk ADR, NVO], we can find that recorded value of 4.04 million was lower than the volume posted last year of 4.29 million. As of the previous 9 days, the stock’s Stochastic %D was 7.24%. Additionally, its Average True Range was 2.14.
During the past 100 days, Novo Nordisk ADR’s (NVO) raw stochastic average was set at 0.80%, which indicates a significant decrease from 3.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.88% in the past 14 days, which was lower than the 33.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $126.53, while its 200-day Moving Average is $128.13. Now, the first resistance to watch is $114.01. This is followed by the second major resistance level at $114.65. The third major resistance level sits at $115.10. If the price goes on to break the first support level at $112.92, it is likely to go to the next support level at $112.47. Should the price break the second support level, the third support level stands at $111.83.
Novo Nordisk ADR (NYSE: NVO) Key Stats
With a market capitalization of 378.51 billion, the company has a total of 4,487,532K Shares Outstanding. Currently, annual sales are 33,724 M while annual income is 12,151 M. The company’s previous quarter sales were 9,821 M while its latest quarter income was 2,893 M.
