Berenberg Bank initiated coverage on shares of Novozymes A/S (OTCMKTS:NVZMY) in a report released on Tuesday morning, StockTargetPrices.com reports. The firm issued a sell rating on the stock.
Novozymes A/S (OTCMKTS:NVZMY) opened at 43.185 on Tuesday. The company has a market cap of $12.97 billion, a PE ratio of 30.220 and a beta of 0.70. Novozymes A/S has a 52-week low of $37.98 and a 52-week high of $49.55. The firm’s 50-day moving average is $43.67 and its 200-day moving average is $46.08.
About Novozymes A/S
Novozymes A/S is a Denmark-based biotechnology company engaged in the production and sale of industrial enzymes, microorganisms and biopharmaceutical ingredients. In June 2013, the Company restructured its sales areas within those segments. The Household Care (old Household Care Enzymes) area comprises cleaning solutions, laundry, dishwashing and microorganism sales for cleaning solutions.
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