Akzo Nobel (OTCMKTS:AKZOD) Shares Up 1.3% – Here’s Why

Shares of Akzo Nobel (OTCMKTS:AKZODGet Free Report) rose 1.3% during mid-day trading on Thursday . The company traded as high as $20.98 and last traded at $20.93. Approximately 47,925 shares were traded during trading, a decline of 31% from the average daily volume of 69,955 shares. The stock had previously closed at $20.67.

Akzo Nobel Stock Performance

The stock’s 50-day moving average price is $20.77 and its 200-day moving average price is $20.88. The company has a market capitalization of $13.43 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 8.70 and a beta of 0.76. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.28 and a current ratio of 1.46.

About Akzo Nobel

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Akzo Nobel N.V. operates as a paints and coatings company in the Netherlands and internationally. The company operates through Decorative Paints and Performance Coatings segments. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; and specialty coatings for metal, wood, and other building materials.

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