The market performance of Novo Nordisk ADR’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $148.15 on 06/25/24, while the lowest value for the same duration was $94.73 on 12/11/23.
52-week price history of NVO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Novo Nordisk ADR’s current trading price is -27.66% away from its 52-week high, while its distance from the 52-week low is 13.14%. The stock’s price range during the 52-week period has remained between $94.73 and $148.15. In the Healthcare sector, the company’s shares saw a trading volume of around 3.98 million for the day, which was evidently lower than the average daily volume of 4.72 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Novo Nordisk ADR (NVO) has experienced a quarterly decline of -20.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 357.80B and boasts a workforce of 63370 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 124.05, with a change in price of -35.71. Similarly, Novo Nordisk ADR recorded 4,564,049 in trading volume during the last 100 days, posting a change of -24.96%.
Examining NVO’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NVO stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.43.
NVO Stock Stochastic Average
Novo Nordisk ADR’s raw stochastic average for the past 50 days is presently 22.19%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 55.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 43.51% and 36.16%, respectively.
NVO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 3.60%. However, over the past six months, we’ve seen a stronger performance of -19.22%. The price of NVO leaped by -4.61% over the last 30 days. And in the last five days, it has surged by 4.43%.
