Novozymes A/S (OTCMKTS:NVZMY) Lowered to Strong Sell Rating by Zacks Research

Zacks Research cut shares of Novozymes A/S (OTCMKTS:NVZMY) from a hold rating to a strong sell rating in a research note issued to investors on Monday morning,Zacks.com reports.

Separately, Rothschild & Co Redburn raised Novozymes A/S to a “strong-buy” rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Novozymes A/S Trading Down 0.0%

Novozymes A/S stock opened at $62.32 on Monday. The firm has a market cap of $25.83 billion, a price-to-earnings ratio of 44.51, a price-to-earnings-growth ratio of 1.17 and a beta of 0.98. Novozymes A/S has a 1 year low of $49.90 and a 1 year high of $75.99. The firm’s 50 day moving average price is $58.29 and its two-hundred day moving average price is $61.15. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.44 and a current ratio of 0.72.

Novozymes A/S (OTCMKTS:NVZMY) last announced its quarterly earnings data on Tuesday, May 5th. The biotechnology company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.31). Novozymes A/S had a net margin of 13.96% and a return on equity of 6.37%. On average, research analysts predict that Novozymes A/S will post 2.42 EPS for the current fiscal year.

About Novozymes A/S

Novozymes A/S is a Danish biotechnology company that develops, produces and markets industrial enzymes and microorganisms. Headquartered in Bagsværd, Denmark, the company focuses on using biological solutions to improve industrial processes across a range of end markets. Its offerings are designed to increase product performance or process efficiency while reducing energy, water and chemical consumption for customers.

The company’s product portfolio includes enzymes and microbial solutions for household care (detergents and cleaning products), food and beverages (baking, brewing and dairy applications), bioenergy (enzymes for biofuel production), agriculture (microbial crop inputs and biocontrols) and industrial processing (textiles, pulp and paper, and wastewater treatment).