Novozymes A/S (OTCMKTS:NVZMY) Short Interest Update

Novozymes A/S (OTCMKTS:NVZMY) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 5,586 shares, a decline of 79.5% from the January 29th total of 27,243 shares. Based on an average trading volume of 109,725 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 109,725 shares, the days-to-cover ratio is currently 0.1 days.

Novozymes A/S Stock Performance

Shares of NVZMY opened at $59.01 on Friday. The stock has a market capitalization of $24.46 billion, a P/E ratio of 42.15, a P/E/G ratio of 1.08 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.00 and a current ratio of 1.61. Novozymes A/S has a 1 year low of $53.95 and a 1 year high of $75.99. The company’s fifty day moving average is $62.71 and its two-hundred day moving average is $62.60.

Novozymes A/S (OTCMKTS:NVZMY) last issued its earnings results on Wednesday, February 25th. The biotechnology company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.44). Novozymes A/S had a net margin of 13.96% and a return on equity of 6.38%. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.22 billion. On average, sell-side analysts predict that Novozymes A/S will post 1.82 earnings per share for the current year.

Novozymes A/S Company Profile

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).