NOVOZYMES A/S/S (OTCMKTS:NVZMY) Announces Dividend …

NOVOZYMES A/S/S (OTCMKTS:NVZMY) announced an annual dividend on Friday, January 24th, Zacks reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.517 per share by the biotechnology company on Tuesday, March 17th. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from NOVOZYMES A/S/S’s previous annual dividend of $0.50.

Shares of NVZMY traded down $1.60 during mid-day trading on Tuesday, hitting $52.75. The stock had a trading volume of 26,247 shares, compared to its average volume of 14,081. The firm has a market cap of $16.14 billion, a P/E ratio of 32.76, a PEG ratio of 2.66 and a beta of 0.81. The business has a fifty day moving average price of $51.36 and a 200-day moving average price of $46.56. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.29 and a quick ratio of 0.76. NOVOZYMES A/S/S has a 52 week low of $39.96 and a 52 week high of $55.51.

A number of analysts recently issued reports on NVZMY shares. BNP Paribas lowered NOVOZYMES A/S/S from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 14th. Zacks Investment Research lowered NOVOZYMES A/S/S from a “buy” rating to a “hold” rating in a research note on Thursday, January 30th. Berenberg Bank lowered NOVOZYMES A/S/S from a “buy” rating to a “hold” rating in a research note on Tuesday, December 17th. ValuEngine lowered NOVOZYMES A/S/S from a “hold” rating to a “sell” rating in a research note on Friday, January 24th. Finally, Citigroup upgraded NOVOZYMES A/S/S from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. NOVOZYMES A/S/S has an average rating of “Hold” and an average price target of $58.00.

About NOVOZYMES A/S/S

Novozymes A/S produces and sells industrial enzymes and microorganisms worldwide. The company offers agriculture solutions, including crop protection, and animal health and nutrition solutions; fermentation, lignecellulosic hydrolysis, liquefaction, process enhancement, and saccharifaction solutions for bioenergy; baking, beverages, dairy, and protein ingredients for the food and beverage industry; and laundry, dishwashing, hand washing, and cleaning solutions for the household care industry.

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