Novozymes A/S (OTCMKTS:NVZMY) Share Price Crosses Below 200 Day Moving Average - Time to Sell?

Shares of Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 changing hands.

Novozymes A/S Stock Performance

The company has a market cap of $27.26 billion, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 3.87 and a beta of 0.91. The business has a 50-day simple moving average of $57.69 and a 200-day simple moving average of $60.88.

Novozymes A/S Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th will be given a $0.3758 dividend. The ex-dividend date is Monday, April 7th. This is a positive change from Novozymes A/S's previous dividend of $0.17. Novozymes A/S's dividend payout ratio (DPR) is currently 94.94%.

About Novozymes A/S

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.