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

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $59.69 and traded as low as $57.19. Novozymes A/S shares last traded at $59.31, with a volume of 96,785 shares changing hands.

Novozymes A/S Stock Performance

The firm's fifty day simple moving average is $58.46 and its 200-day simple moving average is $59.47. The stock has a market cap of $28.58 billion, a P/E ratio of 38.62, a price-to-earnings-growth ratio of 3.87 and a beta of 0.91.

Novozymes A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th will be given a dividend of $0.3758 per share. The ex-dividend date of this dividend is Monday, April 7th. This is a boost from Novozymes A/S's previous dividend of $0.17. Novozymes A/S's dividend payout ratio is 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.