Novozymes A/S (OTCMKTS:NVZMY) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Novozymes A/S (OTCMKTS:NVZMY)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $60.97 and traded as low as $60.43. Novozymes A/S shares last traded at $60.69, with a volume of 7,859 shares.

Novozymes A/S Price Performance

The company has a 50-day simple moving average of $57.55 and a 200-day simple moving average of $60.96. The stock has a market cap of $28.13 billion, a PE ratio of 38.01, a PEG ratio of 3.87 and a beta of 0.91.

Novozymes A/S Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th will be issued a $0.3758 dividend. This is a positive change from Novozymes A/S’s previous dividend of $0.17. The ex-dividend date of this dividend is Monday, April 7th. Novozymes A/S’s dividend payout ratio is 94.94%.

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.