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After finishing at $75.33 in the prior trading day, Novo Nordisk ADR (NYSE: NVO) closed at $73.60, down -2.30%. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 8.86 million shares were traded. NVO stock price reached its highest trading level at $76.05 during the session, while it also had its lowest trading level at $73.2001.
Ratios:
Our goal is to gain a better understanding of NVO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 67.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.62.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVO now has a Market Capitalization of 329378398208 and an Enterprise Value of 403336593408. As of this moment, Novo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.42, and their Forward P/E ratio for the next fiscal year is 15.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.88 while its Price-to-Book (P/B) ratio in mrq is 16.40. Its current Enterprise Value per Revenue stands at 1.389 whereas that against EBITDA is 2.75.
Stock Price History:
The Beta on a monthly basis for NVO is 0.56, which has changed by -0.42522454 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, NVO has reached a high of $148.15, while it has fallen to a 52-week low of $73.80. The 50-Day Moving Average of the stock is -11.53%, while the 200-Day Moving Average is calculated to be -34.33%.
Shares Statistics:
The stock has traded on average 8.33M shares per day over the past 3-months and 7161520 shares per day over the last 10 days, according to various share statistics. A total of 3.37B shares are outstanding, with a floating share count of 3.36B. Insiders hold about 0.01% of the company’s shares, while institutions hold 10.12% stake in the company. Shares short for NVO as of 1741910400 were 12644209 with a Short Ratio of 1.62, compared to 1739491200 on 13527573. Therefore, it implies a Short% of Shares Outstanding of 12644209 and a Short% of Float of 0.4.
Dividends & Splits
In the trailing 12 months, NVO’s forward annual dividend rate was 11.4, compared to 0.52 this year. Against a Trailing Annual Dividend Yield of 0.15133412The stock’s 5-year Average Dividend Yield is 1.43. The current Payout Ratio is 34.97% for NVO, which recently paid a dividend on 2024-08-16 with an ex-dividend date of 1743379200. Stock splits for the company last occurred on 2023-09-20 when the company split stock in a 2:1 ratio.
