Novozymes A/S (OTCMKTS:NVZMY) Share Price Passes Above 50-Day Moving Average of $57.38

Novozymes A/S (OTCMKTS:NVZMY) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $57.38 and traded as high as $58.65. Novozymes A/S shares last traded at $58.54, with a volume of 13,940 shares traded.

Novozymes A/S Stock Performance

The company’s 50-day moving average is $57.38 and its two-hundred day moving average is $53.58. The company has a market capitalization of $27.41 billion, a P/E ratio of 37.67, a PEG ratio of 4.43 and a beta of 0.83. The company has a quick ratio of 0.80, a current ratio of 1.30 and a debt-to-equity ratio of 0.30.

Novozymes A/S Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.1853 per share. The ex-dividend date is Wednesday, May 1st. Novozymes A/S’s dividend payout ratio (DPR) is currently 36.08%.

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.