Novozymes A/S (OTCMKTS:NVZMY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Novozymes A/S (OTCMKTS:NVZMY)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty 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 traded.

Novozymes A/S Price Performance

The company has a market capitalization of $30.91 billion, a P/E ratio of 41.77, a PEG ratio of 3.87 and a beta of 0.92. The stock’s fifty day simple moving average is $61.01 and its 200-day simple moving average is $58.98.

Novozymes A/S Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 23rd. Investors of record on Monday, April 7th were paid 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 dividend payout ratio is presently 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.