Akzo Nobel (OTCMKTS:AKZOY) Issues Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) announced its quarterly earnings results on Wednesday. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.06), Zacks reports. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%.

Akzo Nobel Trading Down 5.8 %

AKZOY stock traded down $1.22 during midday trading on Wednesday, reaching $19.75. 133,009 shares of the company's stock traded hands, compared to its average volume of 206,206. The company has a market capitalization of $10.13 billion, a P/E ratio of 19.55, a PEG ratio of 0.66 and a beta of 1.24. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.21 and a quick ratio of 0.89. Akzo Nobel has a fifty-two week low of $18.73 and a fifty-two week high of $25.91. The business has a 50-day moving average price of $19.97 and a two-hundred day moving average price of $20.86.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.