Novo Nordisk A/S, BlackRock, and Blackstone are the three Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies whose revenues and earnings are expected to grow at an above-average rate compared to the overall market. These firms typically reinvest profits back into the business rather than pay out dividends, aiming to fuel further expansion. Because much of their value is tied to future performance, growth stocks often trade at higher valuations and can be more volatile and risky. These companies had the highest dollar trading volume of any Growth stocks within the last several days.
Novo Nordisk A/S (NVO)
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.
NVO traded up $1.44 during trading on Friday, hitting $66.29. The company had a trading volume of 6,021,314 shares, compared to its average volume of 6,326,972. The company has a quick ratio of 0.55, a current ratio of 0.74 and a debt-to-equity ratio of 0.62. Novo Nordisk A/S has a one year low of $57.00 and a one year high of $148.15. The company has a market capitalization of $297.48 billion, a PE ratio of 20.15, a PEG ratio of 0.90 and a beta of 0.65. The firm's 50-day moving average price is $69.65 and its 200 day moving average price is $86.58.
Read Our Latest Research Report on NVO
BlackRock (BLK)
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.
Shares of BlackRock stock traded down $3.39 on Friday, reaching $925.25. 237,692 shares of the stock were exchanged, compared to its average volume of 683,992. The firm's 50 day moving average is $913.56 and its 200-day moving average is $979.04. BlackRock has a one year low of $752.30 and a one year high of $1,084.22. The firm has a market cap of $143.65 billion, a PE ratio of 22.03, a P/E/G ratio of 1.90 and a beta of 1.41. The company has a debt-to-equity ratio of 0.45, a quick ratio of 5.23 and a current ratio of 5.23.
Read Our Latest Research Report on BLK
Blackstone (BX)
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.
BX traded down $0.72 during trading on Friday, hitting $139.09. 1,556,886 shares of the company traded hands, compared to its average volume of 3,762,841. Blackstone has a one year low of $115.66 and a one year high of $200.96. The stock's fifty day moving average is $137.09 and its 200 day moving average is $162.47. The company has a quick ratio of 0.71, a current ratio of 0.67 and a debt-to-equity ratio of 0.61. The firm has a market cap of $101.49 billion, a P/E ratio of 38.32, a price-to-earnings-growth ratio of 1.07 and a beta of 1.67.
Read Our Latest Research Report on BX
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