The price of Novo Nordisk ADR (NYSE:NVO) shares last traded on Wall Street fell -3.06% to $138.60.
NVO stock price is now 2.49% away from the 50-day moving average and 19.77% away from the 200-day moving average. The market capitalization of the company currently stands at $462.71B.
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With the price target of $156, Goldman recently initiated with Buy rating for Novo Nordisk ADR (NYSE: NVO). On April 12, 2024, BMO Capital Markets recently initiated its ‘Outperform’ rating on the stock quoting a target price of $163, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
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 $148.15. 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 $636929638400, which is based on a 47.86 price-to-earnings ratio, a 17.09 price-to-earnings-growth ratio, and a beta of 0.41. The fifty day moving average price for NVO is $135.5 and a two-hundred day moving average price translates $115.94205 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.
