Novozymes A/S (OTCMKTS:NVZMY) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Shares of Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $62.20 and traded as high as $70.65. Novozymes A/S shares last traded at $70.09, with a volume of 7,843 shares trading hands.

Novozymes A/S Trading Down 1.0%

The firm's fifty day moving average price is $62.78 and its 200 day moving average price is $59.42. The firm has a market capitalization of $32.66 billion, a PE ratio of 44.15, a P/E/G ratio of 3.87 and a beta of 0.92.

Novozymes A/S Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 23rd. Investors of record on Monday, April 7th were given 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%.

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.