NOVOZYMES A/S/S (OTCMKTS:NVZMY) Given Average Recommendation of “Hold” by Analysts

NOVOZYMES A/S/S (OTCMKTS:NVZMY) has earned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company.

A number of brokerages have recently commented on NVZMY. ValuEngine raised NOVOZYMES A/S/S from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. Deutsche Bank reissued a “hold” rating on shares of NOVOZYMES A/S/S in a research note on Thursday, July 2nd. Credit Suisse Group lowered NOVOZYMES A/S/S from an “outperform” rating to an “underperform” rating in a research note on Tuesday, May 12th. Goldman Sachs Group lowered NOVOZYMES A/S/S from a “buy” rating to a “sell” rating in a research note on Wednesday, April 1st. Finally, Zacks Investment Research lowered NOVOZYMES A/S/S from a “hold” rating to a “sell” rating in a research note on Friday.

NOVOZYMES A/S/S stock traded up $0.83 during trading on Thursday, hitting $59.07. The company had a trading volume of 19,600 shares, compared to its average volume of 27,523. The company’s 50 day simple moving average is $55.42 and its 200-day simple moving average is $50.41. NOVOZYMES A/S/S has a 1-year low of $37.99 and a 1-year high of $59.76.

NOVOZYMES A/S/S (OTCMKTS:NVZMY) last announced its quarterly earnings results on Wednesday, April 29th. The biotechnology company reported $0.42 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.42. The firm had revenue of $558.75 million for the quarter. As a group, equities research analysts forecast that NOVOZYMES A/S/S will post 1.63 earnings per share for the current year.

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.

Recommended Story: Why are gap-down stocks important?

Analyst Recommendations for NOVOZYMES A/S/S (OTCMKTS:NVZMY)

Receive News & Ratings for NOVOZYMES A/S/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NOVOZYMES A/S/S and related companies with MarketBeat.com's FREE daily email newsletter.