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1 Comment
Novo Nordisk A/S is currently in a long term uptrend where the price is trading 19.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 7.9.
Novo Nordisk A/S's total revenue sank by 0.9% to $32B since the same quarter in the previous year.
Its net income has increased by 6.9% to $9B since the same quarter in the previous year.
Finally, its free cash flow fell by 161.3% to $-1B since the same quarter in the previous year.
Based on the above factors, Novo Nordisk A/S gets an overall score of 3/5.
Sector | Healthcare |
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Industry | Drug Manufacturers - General |
ISIN | US6701002056 |
Exchange | F |
CurrencyCode | EUR |
Target Price | 116.88 |
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Dividend Yield | 4.1% |
Beta | 0.25 |
Market Cap | 243B |
PE Ratio | 17.92 |
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides insulin pens, growth hormone pens, and injection needles. In addition, it offers smart solutions for diabetes treatment, such as smart insulin pens and Dose Check, an insulin dose guidance application. The company has a collaboration agreement with UNICEF to tackle childhood obesity; and with Valo Health, Inc. to discover and develop novel drug programmes for cardiometabolic space. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
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