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Novozymes A/S (OTCMKTS:NVZMY) Share Price Passes Above 50-Day Moving Average - What's Next?

Novozymes A/S logo with Basic Materials background

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $64.84 and traded as high as $74.14. Novozymes A/S shares last traded at $71.67, with a volume of 36,692 shares.

Novozymes A/S Price Performance

The stock has a market capitalization of $34.18 billion, a PE ratio of 46.19, a PEG ratio of 3.87 and a beta of 0.92. The business has a 50 day moving average price of $65.13 and a 200 day moving average price of $60.25.

Novozymes A/S Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Monday, April 7th were paid a $0.3758 dividend. This is a boost from Novozymes A/S's previous dividend of $0.17. The ex-dividend date of this dividend was Monday, April 7th. Novozymes A/S's dividend payout ratio is currently 47.47%.

Novozymes A/S Company Profile

(Get Free Report)

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.

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