The price of Novo Nordisk ADR (NYSE:NVO) shares last traded on Wall Street rose 1.15% to $135.57.
NVO stock price is now 5.74% away from the 50-day moving average and 23.85% away from the 200-day moving average. The market capitalization of the company currently stands at $452.59B.
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With the price target of $163, BMO Capital Markets recently initiated with Outperform rating for Novo Nordisk ADR (NYSE: NVO). On January 23, 2024, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $120, while ‘UBS’ rates the stock as ‘Neutral’
A total of 0.02% of the company’s stock is owned by insiders.
During the past 12 months, Novo Nordisk ADR has had a low of $75.56 and a high of $138.28. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 0.70, and a quick ratio of 0.50. According to the stock market information, the enterprise value for the company is $622212939776, which is based on a 46.81 price-to-earnings ratio, a 16.72 price-to-earnings-growth ratio, and a beta of 0.42. The fifty day moving average price for NVO is $128.256 and a two-hundred day moving average price translates $109.66843 for the stock.
The latest earnings results from Novo Nordisk ADR (NYSE: NVO) was released for 2024-03-31. The net profit margin was 36.56% and return on equity was 99.99% for NVO. The company reported revenue of $9.51 billion for the quarter, compared to $7.69 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.73 percent.
