Akzo Nobel (OTCMKTS:AKZOD) Shares Up 0.2% – Here’s Why

Shares of Akzo Nobel (OTCMKTS:AKZOD – Get Free Report) shot up 0.2% during mid-day trading on Tuesday. The company traded as high as $21.62 and last traded at $21.59. Approximately 135,051 shares traded hands during trading, an increase of 93% from the average daily volume of 69,955 shares. The stock had previously closed at $21.55.

Akzo Nobel Price Performance

The firm’s 50 day simple moving average is $22.78 and its 200 day simple moving average is $21.79. The company has a market capitalization of $14.74 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 8.70 and a beta of 0.76. 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

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Akzo Nobel N.V. is a Netherlands-based multinational company that develops, manufactures and sells paints and performance coatings. Its products are used in residential and commercial buildings, industrial equipment, vehicles, ships, aircraft, consumer goods and infrastructure. The company serves both professional and consumer markets through decorative paints, protective coatings and specialty coating solutions.

AkzoNobel’s portfolio includes well-known brands such as Dulux, International, Sikkens and Interpon.

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