Akzo Nobel (OTCMKTS:AKZOD) Trading Up 0.1% – Here’s Why

Akzo Nobel (OTCMKTS:AKZODGet Free Report)’s share price was up 0.1% on Wednesday . The stock traded as high as $22.60 and last traded at $22.60. 35,609 shares changed hands during trading, a decline of 49% from the average daily volume of 69,955 shares. The stock had previously closed at $22.58.

Akzo Nobel Price Performance

The business has a fifty day simple moving average of $21.34 and a two-hundred day simple moving average of $21.67. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 0.35. The stock has a market cap of $15.43 billion, a PE ratio of 14.30, a P/E/G ratio of 8.70 and a beta of 0.76.

About Akzo Nobel

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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.

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