Novozymes A/S (OTCMKTS:NVZMF) Shares Pass Below Fifty Day Moving Average – Here’s Why

Novozymes A/S (OTCMKTS:NVZMF)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $57.38 and traded as low as $56.25. Novozymes A/S shares last traded at $56.25, with a volume of 100 shares.

Novozymes A/S Stock Performance

The stock’s 50-day moving average is $57.49 and its 200-day moving average is $60.08.

Novozymes A/S Company Profile

Novonesis 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.