Akzo Nobel (OTCMKTS:AKZOD) Shares Up 1.8% – Should You Buy?

by · The Cerbat Gem

Akzo Nobel (OTCMKTS:AKZOD – Get Free Report)’s stock price was up 1.8% during trading on Tuesday . The stock traded as high as $23.39 and last traded at $23.13. Approximately 103,425 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 69,955 shares. The stock had previously closed at $22.72.

Akzo Nobel Stock Up 1.8%

The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average price of $22.09 and a two-hundred day moving average price of $22.75. The company has a market capitalization of $15.79 billion, a price-to-earnings ratio of 14.64, a P/E/G ratio of 8.70 and a beta of 0.76.

About Akzo Nobel

(Get Free Report)

Akzo Nobel is a Dutch multinational company specializing in the manufacture of paints, coatings and specialty chemicals. Headquartered in Amsterdam, the company operates two core business segments: Decorative Paints and Performance Coatings. Its Decorative Paints division supplies brands such as Dulux, Sikkens and International to professional painters, retailers and DIY consumers. The Performance Coatings unit serves industrial markets including automotive OEM and refinish, marine and protective coatings, powder coatings and specialty polymers for packaging applications.

Tracing its origins to the merger of Akzo and Nobel Industries in 1994, Akzo Nobel draws on a heritage dating back more than a century, including Alfred Nobel’s early work on dynamite and explosives.

Featured Stories