Current Novo Nordisk share: Hardly any change in Tradegate trading - experts expect fair value

Current Novo Nordisk share: Hardly any change in Tradegate trading - experts expect fair value

According to a report by www.finanzen.net, there was hardly any movement in Novo Nordisk shares on Tuesday morning. The value was last quoted at EUR 97.19 in Tradegate trading and therefore showed little change from the previous day.

The Tradegate trading volume was most recently 6,759 shares, and experts assume a fair value of DKK 1,217.50 per Novo Nordisk share.

The company's key figures published on November 2nd, 2023 showed earnings per share of DKK 5.00 for the quarter ended September 30th, 2023, an increase of 42.33 percent compared to the same period last year. Sales amounted to DKK 58,731.00.

Based on this data, experts set the expected profit per Novo Nordisk share for 2023 at DKK 18.37. The quarterly results for the fourth quarter of 2023 will be published on January 31, 2024, while the profit and sales figures for Q4 2024 are expected on January 29, 2025.

Given these data and the stable price development of the Novo Nordisk share, it can be expected that the share will continue to move at a solid price level. The continuous increase in profit and sales indicates a positive future outlook for the company, which should increase investor confidence and could have a positive impact on the share price.