Novozymes A/S (OTCMKTS:NVZMF) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Novozymes A/S (OTCMKTS:NVZMF)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $62.49 and traded as low as $60.49. Novozymes A/S shares last traded at $60.49, with a volume of 214 shares.

Novozymes A/S Trading Up 1.1%

The company has a 50-day moving average of $62.49 and a 200-day moving average of $62.83.

About Novozymes A/S

Novozymes A/S (OTCMKTS: NVZMF) is a global leader in biological solutions, specializing in the development and production of industrial enzymes and microorganisms. The company’s products are designed to improve the efficiency and sustainability of a wide range of industries, including agriculture, bioenergy, food and beverage, household care, and textiles. By leveraging biotechnology, Novozymes helps customers reduce resource consumption, lower environmental impact, and optimize process performance.

Novozymes offers an extensive portfolio of enzyme products and microbial solutions that address specific industrial challenges such as starch conversion, biofuel production, and ingredient functionality in food processing.