Novonesis A/S (OTC:NVZMY) Stock Price Down 0.9% – Here’s Why

Novonesis A/S (OTC:NVZMY) dropped 0.9% during mid-day trading on Wednesday . The stock traded as low as $59.67 and last traded at $60.15. Approximately 6,255 shares changed hands during trading, a decline of 68% from the average daily volume of 19,615 shares. The stock had previously closed at $60.69.

Novonesis A/S Price Performance

The company’s 50-day moving average price is $57.55. The firm has a market cap of $28.17 billion, a PE ratio of 38.07, a PEG ratio of 2.79 and a beta of 0.91.

About Novonesis A/S

Novonesis 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.