Novozymes A/S (OTCMKTS:NVZMY) Shares Pass Above 50 Day Moving Average of $55.56

Novozymes A/S (OTCMKTS:NVZMY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $55.56 and traded as high as $59.01. Novozymes A/S shares last traded at $58.85, with a volume of 5,666 shares trading hands.

Novozymes A/S Stock Performance

The firm has a market cap of $27.56 billion, a P/E ratio of 37.25, a PEG ratio of 4.02 and a beta of 0.82. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average is $55.56 and its two-hundred day moving average is $50.64.

Novozymes A/S (OTCMKTS:NVZMY) last announced its quarterly earnings results on Wednesday, January 31st. The biotechnology company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.11). Novozymes A/S had a net margin of 16.88% and a return on equity of 21.42%. The business had revenue of $664.46 million during the quarter. As a group, equities analysts predict that Novozymes A/S will post 1.93 EPS for the current fiscal year.

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.