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Novozymes A/S (OTCMKTS:NVZMY) Shares Cross Below 200 Day Moving Average - Time to Sell?

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Shares of Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $61.62 and traded as low as $59.43. Novozymes A/S shares last traded at $60.27, with a volume of 13,732 shares.

Analysts Set New Price Targets

Separately, Barclays raised Novozymes A/S to a "strong-buy" rating in a report on Monday, November 18th.

View Our Latest Analysis on NVZMY

Novozymes A/S Stock Down 9.3 %

The company has a fifty day moving average price of $56.94 and a two-hundred day moving average price of $61.54. The firm has a market capitalization of $26.58 billion, a price-to-earnings ratio of 35.92, a P/E/G ratio of 3.87 and a beta of 0.88.

Novozymes A/S Company Profile

(Get Free Report)

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.

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