Novozymes A/S (OTCMKTS:NVZMY) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $59.69 and traded as low as $57.19. Novozymes A/S shares last traded at $59.31, with a volume of 96,785 shares trading hands.

Novozymes A/S Stock Performance

The company has a fifty day moving average of $58.55 and a two-hundred day moving average of $59.48. The company has a market cap of $28.80 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 3.87 and a beta of 0.91.

Novozymes A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Monday, April 7th will be paid a dividend of $0.3758 per share. This is a positive change from Novozymes A/S's previous dividend of $0.17. The ex-dividend date of this dividend is Monday, April 7th. Novozymes A/S's payout ratio is 47.47%.

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.