NOVOZYMES A/S/S (OTCMKTS:NVZMY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of NOVOZYMES A/S/S (OTCMKTS:NVZMY) from a sell rating to a hold rating in a research report released on Saturday morning, reports.

According to Zacks, “Novozymes A/S is primarily engaged in the development, production, and distribution of enzymes. Its business consists of two segments, enzyme business and bio business. The Company’s enzyme business segment offers detergent enzymes that are used in laundry and dishwashing, technical enzymes used in the transformation of starch into different kinds of sugars and have application in leather, textile, and forest product industries, food enzymes used in production of bread, wine, juice, beer, noodles, alcohol, and pasta and feed enzymes used in animal feed. Its bio business segment offers microorganisms that are used in industrial and municipal wastewater treatment, as well as in the cleaning of surfaces such as carpet, concrete, drain lines, and septic tanks in industrial and household applications. It also has application in the Biopharmaceutical ingredients used in pharmaceutical industry. Novozymes A/S is headquartered in Bagsvaerd, Denmark. “

Shares of NVZMY stock opened at $41.89 on Friday. NOVOZYMES A/S/S has a 1 year low of $40.38 and a 1 year high of $55.84. The company’s fifty day simple moving average is $46.40. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 1.22. The company has a market cap of $12.47 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 1.95 and a beta of 0.70.

NOVOZYMES A/S/S Company Profile

Novozymes A/S produces and sells industrial enzymes and microorganisms worldwide. The company offers agriculture solutions, including crop protection, and animal health and nutrition solutions; fermentation, lignecellulosic hydrolysis, liquefaction, process enhancement, and saccharifaction solutions for bioenergy; baking, beverages, dairy, and protein ingredients for the food and beverage industry; and laundry, dishwashing, hand washing, and cleaning solutions for the household care industry.

Further Reading: Gross Domestic Product (GDP)

Get a free copy of the Zacks research report on NOVOZYMES A/S/S (NVZMY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for NOVOZYMES A/S/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NOVOZYMES A/S/S and related companies with's FREE daily email newsletter.