Akzo Nobel (OTCMKTS:AKZOD – Get Free Report) shares shot up 1.1% during trading on Monday . The stock traded as high as $24.13 and last traded at $24.13. 460,257 shares traded hands during trading, an increase of 558% from the average session volume of 69,955 shares. The stock had previously closed at $23.87.
Akzo Nobel Stock Performance
The company has a market capitalization of $16.48 billion, a P/E ratio of 15.27, a price-to-earnings-growth ratio of 8.70 and a beta of 0.76. The business has a 50 day moving average of $23.00 and a 200 day moving average of $21.69. The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 0.35.
About Akzo Nobel
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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