Novo Nordisk (Denmark) Today
| NOVO-B Stock | DKK 575.60 26.10 4.34% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Novo Nordisk is trading at 575.60 as of the 17th of January 2025, a 4.34 percent down since the beginning of the trading day. The stock's open price was 601.7. Novo Nordisk has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of December 2024 and ending today, the 17th of January 2025. Click here to learn more.
Novo Nordisk AS, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark. Novo Nordisk operates under Pharmaceuticals And Biosciences classification in Denmark and is traded on Copenhagen Stock Exchange. The company has 1.72 B outstanding shares. More on Novo Nordisk AS
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Novo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Novo Nordisk's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Novo Nordisk or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Biotechnology, Healthcare (View all Sectors) |
Novo Nordisk AS (NOVO-B) is traded on Copenhagen Exchange in Denmark and employs 54,393 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 2.24 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novo Nordisk's market, we take the total number of its shares issued and multiply it by Novo Nordisk's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Novo Nordisk AS operates under Healthcare sector and is part of Biotechnology industry. The entity has 1.72 B outstanding shares.
Novo Nordisk AS has accumulated about 27.22 B in cash with 78.89 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.83.
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Ownership AllocationNovo Nordisk AS maintains a total of 1.72 Billion outstanding shares. 30% of Novo Nordisk outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Novo Nordisk AS Risk Profiles
Although Novo Nordisk's alpha and beta are two of the key measurements used to evaluate Novo Nordisk's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.93 | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.84 | |||
| Risk Adjusted Performance | (0.09) |
Novo Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Novo Nordisk without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Novo Nordisk Corporate Management
Elected by the shareholders, the Novo Nordisk's board of directors comprises two types of representatives: Novo Nordisk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novo. The board's role is to monitor Novo Nordisk's management team and ensure that shareholders' interests are well served. Novo Nordisk's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novo Nordisk's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Monique Carter | Head VP | Profile | |
| Maziar Doustdar | Head VP | Profile | |
| Lars Jorgensen | CEO Pres | Profile | |
| Marcus Schindler | Head EVP | Profile | |
| Karsten Knudsen | CFO VP | Profile | |
| Henrik Wulff | Head VP | Profile | |
| Ludovic Helfgott | Head VP | Profile |
Additional Information and Resources on Investing in Novo Stock
When determining whether Novo Nordisk AS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Novo Nordisk's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Novo Nordisk As Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Novo Nordisk As Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novo Nordisk AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.