Novozymes A/S (OTCMKTS:NVZMY) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Novozymes A/S (OTCMKTS:NVZMY)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Novozymes A/S Stock Performance

The firm has a fifty day simple moving average of $58.22 and a 200 day simple moving average of $60.17. The company has a market capitalization of $28.52 billion, a PE ratio of 38.55, a P/E/G ratio of 3.87 and a beta of 0.91.

Novozymes A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Monday, April 7th will be paid a dividend of $0.3758 per share. The ex-dividend date of this dividend 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 (DPR) is currently 94.94%.

About Novozymes A/S

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.