Novozymes A/S (OTCMKTS:NVZMY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Novozymes A/S (OTCMKTS:NVZMY) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $60.22 and traded as low as $55.49. Novozymes A/S shares last traded at $58.72, with a volume of 9,063 shares traded.

Novozymes A/S Price Performance

The firm has a market capitalization of $27.50 billion, a PE ratio of 37.16, a P/E/G ratio of 3.87 and a beta of 0.91. The business’s 50 day moving average is $58.04 and its two-hundred day moving average is $60.22.

Novozymes A/S Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Monday, April 7th will be given a $0.3758 dividend. The ex-dividend date of this dividend is Monday, April 7th. This is a boost from Novozymes A/S’s previous dividend of $0.17. Novozymes A/S’s dividend payout ratio (DPR) is presently 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.