Novozymes A/S (OTCMKTS:NVZMY) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Novozymes A/S (OTCMKTS:NVZMY)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $60.97 and traded as low as $60.43. Novozymes A/S shares last traded at $60.69, with a volume of 7,859 shares trading hands.

Novozymes A/S Stock Performance

The stock has a market cap of $28.42 billion, a price-to-earnings ratio of 38.41, a price-to-earnings-growth ratio of 3.87 and a beta of 0.91. The company’s 50 day simple moving average is $57.46 and its two-hundred day simple moving average is $60.97.

Novozymes A/S Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th will be paid a $0.3758 dividend. The ex-dividend date is Monday, April 7th. This is a positive change from Novozymes A/S’s previous dividend of $0.17. Novozymes A/S’s dividend payout ratio is currently 94.94%.

Novozymes A/S Company Profile

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.