Shares of Novo Nordisk A/S (NYSE:NVO) traded at a new 52-week high today of $88.92. Approximately 341,000 shares have changed hands today, as compared to an average 30-day volume of 815,000 shares.
Novo Nordisk A/S share prices have moved between a 52-week high of $88.92 and a 52-week low of $63.22 and are now trading 40% above that low price at $88.78 per share.
With almost 50% market share by volume of the global insulin market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments, and oral antidiabetic agents. Novo also has a biopharmaceutical segment (constituting roughly 15% of revenue) that specializes in protein therapies for hemophilia and other disorders.
Based on a current price of $88.78, Novo Nordisk A/S is currently 1.0% above its average consensus analyst price target of $87.91.
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