A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Novo Nordisk ADR’s current trading price is -20.63% away from its 52-week high, while its distance from the 52-week low is 26.52%. The stock’s price range for this time frame has been between $92.94 and $148.15. The trading volume of the company’s shares in the Healthcare reached around 1.57 million for the day, which was evidently lower than the average daily volume of 4.07 million over the last three months.
In terms of market performance, Novo Nordisk ADR had a somewhat regular. The highest value for the stock in the past year was $148.15 on 06/25/24, while the lowest value was $92.94 on 10/27/23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
Novo Nordisk ADR (NVO) has experienced a quarterly decline of -13.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 392.57B and boasts a workforce of 63370 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 133.33, with a change in price of -16.30. Similarly, Novo Nordisk ADR recorded 3,934,341 in trading volume during the last 100 days, posting a change of -12.16%.
How NVO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NVO stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.46.
NVO Stock Stochastic Average
Novo Nordisk ADR’s raw stochastic average for the past 50 days is currently at 15.19%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 18.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.99% and 21.65%, respectively.
NVO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 13.67% this year. Over the last six months, there has been a stronger performance of -4.75%. The price of NVO leaped by -14.11% during the last 30 days period. For the last 5-days stocks have improved 0.33%.
