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Novonesis A/S (OTC:NVZMY) Trading 6.4% Higher - Still a Buy?

Novonesis A/S logo with Basic Materials background

Novonesis A/S (OTC:NVZMY - Get Free Report)'s share price rose 6.4% during trading on Thursday . The stock traded as high as $60.82 and last traded at $59.31. Approximately 96,785 shares traded hands during trading, an increase of 201% from the average daily volume of 32,134 shares. The stock had previously closed at $55.73.

Novonesis A/S Price Performance

The stock has a market capitalization of $28.80 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 2.79 and a beta of 0.91. The business has a 50 day moving average of $58.55.

Novonesis A/S Company Profile

(Get Free Report)

Novonesis 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.

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