Home / Street Sector / Eye Catching Active Stocks: Novo Nordisk A/S (NYSE:NVO), BHP Billiton Limited (NYSE:BHP)

Eye Catching Active Stocks: Novo Nordisk A/S (NYSE:NVO), BHP Billiton Limited (NYSE:BHP)

Novo Nordisk A/S (NYSE:NVO) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -4.44% to close at $41.80 with the total traded volume of 4.78 Million shares. Novo Nordisk (NVO) reported that intention to reduce its workforce by about 1,000 employees. The reductions are predictable to affect R&D units and headquarter staff functions, as well as positions in the global commercial organisation. About 500 of the job cutss are predictable to be in Denmark. The firm stated that the workforce reduction and the associated costs do not change the financial outlook for 2016 communicated in connection with the half- year financial statement on 5 August 2016. The firm has institutional ownership of 10.00%, while insider ownership included 26.40%. Its price to sales ratio ended at 5.03. NVO attains analyst recommendation of 3.00 with week performance of -8.27%.

BHP Billiton Limited (NYSE:BHP) [Trend Analysis] surged reacts as active mover, shares an advance 0.88% to traded at $34.40 and the percentage gap among open changing to regular change was 0.62%. As per media reports, BHP Billiton Ltd (BHP) has shut down production at its Olympic Dam following power failure in South Australia. The firm is predictable to restart operations at the mine when power is restored. BHP Billiton’s Olympic Dam in South Australia is a multi-mineral ore body containing uranium oxide, copper, gold and silver. The firm’s current ratio calculated as 1.40 for the most recent quarter. The firm past twelve months price to sales ratio was 2.84 and price to cash ratio remained 8.42. As far as the returns are concern, the return on equity was recorded as -10.00% and return on investment was -5.70% while its return on asset stayed at -5.00%. The firm has total debt to equity ratio measured as 0.67.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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