Short Call at News Buzzer: Novo Nordisk A/S (NYSE:NVO), Intel Corporation (NASDAQ:INTC)

Novo Nordisk A/S (NYSE:NVO) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.44% to close at $34.42 with the total traded volume of 5.54 Million shares. Novo Nordisk (NVO) reported that NovoSeven 96.5% achievement in resolving bleeds when initiated within one hour after onset in people with haemophilia A or B with inhibitors.

The firm announced that NovoSeven, a portable room temperature stable recombinant activated factor VIIa, resolved 96.5% of bleeds when initiated within one hour after onset of bleeding, demonstrating efficacy of early treatment in people with haemophilia A or B with inhibitors.1 Efficacy also remained high for bleeds treated after 4 hours.

Efficacy results from this subgroup analysis of SMART-7 are aligned with previous rFVIIa data. Furthermore, no binding antibodies were associated with the room temperature stable formulation of rFVIIa under real-world conditions. The firm has institutional ownership of 9.70%, while insider ownership included 26.40%. Its price to sales ratio ended at 4.31. NVO attains analyst recommendation of 4.00 with week performance of 5.78%.

Intel Corporation (NASDAQ:INTC) [Trend Analysis] surged reacts as active mover, shares an increase 0.67% to traded at $34.39 and the percentage gap between open changing to regular change was 0.44%. Intel (INTC) India announced that top 10 finalists of the “Intel and DST-Innovate for Digital IndiaChallenge 2.0″ – a nationwide competition inviting technology solutions to solve real problems faced by citizens.

The shortlisted solutions can potentially accelerate projects in the fields of healthcare, smart cities, sustainability and agriculture, the company said in a statement.”Local innovators are becoming increasingly passionate about using technology to positively impact lives and Intel India is very excited to be a part of the ecosystem that is making this happen,” said DebjaniGhosh, Managing Director and Vice President of Sales and Marketing at Intel South Asia.

The firm’s current ratio calculated as 1.80 for the most recent quarter. The firm past twelve months price to sales ratio was 2.81 and price to cash ratio remained 9.16. As far as the returns are concern, the return on equity was recorded as 16.80% and return on investment was 13.60% while its return on asset stayed at 9.70%. The firm has total debt to equity ratio measured as 0.44.

 

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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