Novozymes A/S (OTCMKTS:NVZMY) Share Price Crosses Above Fifty Day Moving Average of $58.63

Shares of Novozymes A/S (OTCMKTS:NVZMY) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $58.63 and traded as high as $61.69. Novozymes A/S shares last traded at $60.99, with a volume of 5,525 shares trading hands.

Novozymes A/S Trading Down 1.7 %

The company has a market cap of $27.33 billion, a P/E ratio of 36.93, a P/E/G ratio of 3.56 and a beta of 0.87. The business’s 50-day moving average price is $58.73 and its 200 day moving average price is $56.14. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.80 and a current ratio of 1.30.

Novozymes A/S Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, May 20th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.1853 per share. The ex-dividend date of this dividend was Wednesday, May 1st. Novozymes A/S’s dividend payout ratio (DPR) is presently 36.08%.

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.