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

Novozymes A/S logo with Basic Materials background

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $70.26 and traded as high as $73.18. Novozymes A/S shares last traded at $72.14, with a volume of 10,632 shares trading hands.

Novozymes A/S Stock Performance

The company has a quick ratio of 1.06, a current ratio of 1.73 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $33.51 billion, a P/E ratio of 45.28, a price-to-earnings-growth ratio of 1.34 and a beta of 0.91. The company's 50 day moving average is $70.26 and its 200-day moving average is $62.42.

About Novozymes A/S

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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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