Novozymes A/S (OTCMKTS:NVZMY) Shares Pass Below 200 Day Moving Average – Time to Sell?

Shares of Novozymes A/S (OTCMKTS:NVZMY) crossed 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 trading hands.

Novozymes A/S Trading Up 0.7 %

The stock’s 50 day moving average is $58.04 and its 200-day moving average is $60.22. The company has a market cap of $27.50 billion, a P/E ratio of 37.16, a PEG ratio of 3.87 and a beta of 0.91.

Novozymes A/S Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Monday, April 7th will be issued a $0.3758 dividend. The ex-dividend date 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 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.