Novo-Nordisk Breaks Below 200-Day Moving Average - Notable for NVO

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In trading on Friday, shares of Novo-Nordisk AS (Symbol: NVO) crossed below their 200 day moving average of $49.35, changing hands as low as $49.02 per share. Novo-Nordisk AS shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of NVO shares, versus its 200 day moving average: Novo-Nordisk AS 200 Day Moving Average Chart

Looking at the chart above, NVO's low point in its 52 week range is $35.76 per share, with $58.37 as the 52 week high point - that compares with a last trade of $49.05.

According to the ETF Finder at ETF Channel, NVO makes up 4.92% of the Pharmaceutical ETF (Symbol: PPH) which is trading lower by about 0.6% on the day Friday.

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: NVO , PPH

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