Novo Nordisk A/S (NVO): Today's Featured Health Care Loser

Novo Nordisk A/S ( NVO) pushed the Health Care sector lower today making it today's featured Health Care loser. The sector as a whole closed the day up 0.6%. By the end of trading, Novo Nordisk A/S fell $1.98 (-1.4%) to $138.63 on heavy volume. Throughout the day, 862,130 shares of Novo Nordisk A/S exchanged hands as compared to its average daily volume of 352,400 shares. The stock ranged in price between $138.24-$140.92 after having opened the day at $140.25 as compared to the previous trading day's close of $140.61. Other company's within the Health Care sector that declined today were: AspenBio Pharma ( APPY), down 33.9%, Complete Genomics ( GNOM), down 13%, Cormedix ( CRMD), down 10.9%, and Vertex Pharmaceuticals ( VRTX), down 10.9%.

Novo Nordisk A/S, a healthcare company, engages in the discovery, development, manufacture, and marketing of pharmaceutical products in Denmark and internationally. The company operates in two segments, Diabetes Care and Biopharmaceuticals. Novo Nordisk A/S has a market cap of $81.55 billion and is part of the drugs industry. The company has a P/E ratio of four, below the average drugs industry P/E ratio of 25.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 22% year to date as of the close of trading on Friday. Currently there are two analysts that rate Novo Nordisk A/S a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Novo Nordisk A/S as a buy. 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, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, IsoRay ( ISR), up 50%, Cyclacel Pharmaceuticals ( CYCC), up 25.8%, Santarus ( SNTS), up 13.5%, and Sunesis Pharmaceuticals ( SNSS), up 13.5%, were all gainers within the health care sector with Aetna ( AET) being today's featured health care sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health care sector could consider ProShares Ultra Short Health Care ( RXD).
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