Novozymes A/S (OTCMKTS:NVZMY) Shares Pass Above 50 Day Moving Average - Here's What Happened

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $61.01 and traded as high as $66.06. Novozymes A/S shares last traded at $66.00, with a volume of 13,015 shares.

Novozymes A/S Trading Up 2.0%

The business has a 50 day moving average of $61.64 and a 200-day moving average of $59.13. The firm has a market capitalization of $32.07 billion, a P/E ratio of 43.35, a PEG ratio of 3.87 and a beta of 0.92.

Novozymes A/S Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Monday, April 7th were paid a dividend of $0.3758 per share. This is a boost from Novozymes A/S's previous dividend of $0.17. The ex-dividend date was Monday, April 7th. Novozymes A/S's dividend payout ratio (DPR) is currently 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.