On Friday, Novo Nordisk ADR (NYSE: NVO) opened higher 2.37% from the last session, before settling in for the closing price of $102.63. Price fluctuations for NVO have ranged from $94.73 to $148.15 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 14.25% over the past five years. Company’s average yearly earnings per share was noted 20.91% at the time writing. With a float of $3.34 billion, this company’s outstanding shares have now reached $3.38 billion.
Let’s look at the performance matrix of the company that is accounted for 63370 employees. In terms of profitability, gross margin is 84.66%, operating margin of 43.96%, and the pretax margin is 44.07%.
Novo Nordisk ADR (NVO) Insider Updates
A key investor’s attitude towards the stock of the Drug Manufacturers – General industry is another important factor to consider. The insider ownership of Novo Nordisk ADR is 0.02%, while institutional ownership is 10.03%.
Novo Nordisk ADR (NVO) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 4.91 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 4.45) by 0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% 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
Check out the current performance indicators for Novo Nordisk ADR (NVO). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.92. Likewise, its price to free cash flow for the trailing twelve months is 30.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.08, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 4.08 in one year’s time.
Technical Analysis of Novo Nordisk ADR (NVO)
Novo Nordisk ADR (NYSE: NVO) saw its 5-day average volume 6.88 million, a positive change from its year-to-date volume of 4.51 million. As of the previous 9 days, the stock’s Stochastic %D was 49.45%. Additionally, its Average True Range was 2.86.
During the past 100 days, Novo Nordisk ADR’s (NVO) raw stochastic average was set at 12.74%, which indicates a significant decrease from 50.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.37% in the past 14 days, which was higher than the 35.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.47, while its 200-day Moving Average is $127.84. Nevertheless, the first resistance level for the watch stands at $106.25 in the near term. At $107.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $108.63. If the price goes on to break the first support level at $103.87, it is likely to go to the next support level at $102.67. Assuming the price breaks the second support level, the third support level stands at $101.49.
Novo Nordisk ADR (NYSE: NVO) Key Stats
There are currently 4,487,532K shares outstanding in the company with a market cap of 350.74 billion. Presently, the company’s annual sales total 33,724 M according to its annual income of 12,151 M. Last quarter, the company’s sales amounted to 10,511 M and its income totaled 4,024 M.
