Novartis AG ADR (NYSE:NVS) currently has a daily average trading volume of 1.13M but it saw 1621070 shares traded in last market. With a market cap of 199.25B USD, the company’s current market price of $101.84 came falling about -2.60 while comparing to the previous closing price of $104.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.92 and as low as $92.35. In the recent trading on the day, stock has struck highest price mark of $101.26 while lowest mark touched by it was $102.19.
Taking a look at 20-day trading activity of Novartis AG ADR (NVS) gives us an average price of $104.40, while its current price level is -15.78% below from 52-week high level whereas it is 10.28% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $110.18 while that of 200 days or SMA-200 reads an average of $106.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.87% during that period while stretching the period over a month that increases to 0.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.69 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on September 11, 2024 while assigning a price target range of $135-$130.
Over the week, NVS’s stock price is moving -1.90% down while it is -7.85% when we observe its performance for the past one month. Year-to-date it is 0.86% up and over the past year, the stock is showing an upside performance of 2.88%.
Currently, Novartis AG ADR’s total number of outstanding shares is 2.00B. Company’s return on investment (ROI) stands at 25.64% and return on equity (ROE) at 28.87%. It has a price to earnings ratio (P/E ratio) of 11.88 while having a 12.40 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 4.70 while price to sale or P/S ratio amounts to 4.10. Its return on asset (ROA) is 10.88% on average.
