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

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $59.06 and traded as high as $64.22. Novozymes A/S shares last traded at $62.98, with a volume of 15,875 shares.

Novozymes A/S Price Performance

The firm's 50 day moving average is $59.47 and its 200 day moving average is $59.04. The company has a market capitalization of $29.93 billion, a PE ratio of 40.45, a P/E/G ratio of 3.87 and a beta of 0.91.

Novozymes A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th were given a dividend of $0.3758 per share. This is an increase from Novozymes A/S's previous dividend of $0.17. The ex-dividend date was Monday, April 7th. Novozymes A/S's payout ratio is presently 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.