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Akzo Nobel (OTCMKTS:AKZOY) Reaches New 52-Week Low - Time to Sell?

Akzo Nobel logo with Basic Materials background

Shares of Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $18.73 and last traded at $19.02, with a volume of 355453 shares. The stock had previously closed at $19.15.

Akzo Nobel Price Performance

The company has a debt-to-equity ratio of 0.76, a current ratio of 1.21 and a quick ratio of 0.89. The stock has a market capitalization of $9.75 billion, a P/E ratio of 18.83, a price-to-earnings-growth ratio of 0.72 and a beta of 1.24. The business's 50 day moving average price is $20.01 and its 200 day moving average price is $20.87.

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.04. The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $3.01 billion. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%. Sell-side analysts forecast that Akzo Nobel will post 1.46 EPS for the current year.

Akzo Nobel Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, November 7th were issued a $0.1583 dividend. The ex-dividend date of this dividend was Thursday, November 7th. Akzo Nobel's payout ratio is 21.78%.

Akzo Nobel Company Profile

(Get Free Report)

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.

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