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) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 1.4%. By the end of trading, Novo Nordisk A/S rose $2.41 (5.3%) to $48.23 on heavy volume. Throughout the day, 3,590,298 shares of Novo Nordisk A/S exchanged hands as compared to its average daily volume of 1,614,800 shares. The stock ranged in a price between $47.08-$48.42 after having opened the day at $47.11 as compared to the previous trading day's close of $45.82. Other companies within the Drugs industry that increased today were:
), up 170.8%,
), up 23.1%,
), up 21.1% and
), up 17.5%.
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Novo Nordisk A/S engages in the discovery, development, manufacture, and marketing of pharmaceutical products primarily in Denmark. It operates in two segments, Diabetes Care and Biopharmaceuticals. Novo Nordisk A/S has a market cap of $123.4 billion and is part of the health care sector. Shares are up 24.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Novo Nordisk A/S a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Novo Nordisk A/S
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Novo Nordisk A/S Ratings Report.
On the negative front,
), down 16.0%,
), down 13.2%,
), down 8.8% and
), down 6.5% , were all laggards within the drugs industry with
) being today's drugs industry laggard.
- Use our drugs section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider
) while those bearish on the drugs industry could consider
- Find other investment ideas from our top rated ETFs lists.