Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 56,700 shares, a growth of 28.9% from the October 15th total of 44,000 shares. Based on an average daily trading volume, of 176,200 shares, the days-to-cover ratio is presently 0.3 days.
Akzo Nobel Price Performance
Shares of AKZOY stock traded up $0.02 during trading hours on Friday, reaching $19.49. The company had a trading volume of 320,909 shares, compared to its average volume of 173,603. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.89 and a current ratio of 1.21. The stock has a fifty day moving average of $22.08 and a 200-day moving average of $21.64. The company has a market capitalization of $10.00 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 0.68 and a beta of 1.30. Akzo Nobel has a 12-month low of $19.40 and a 12-month high of $27.99.
Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The basic materials company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.04. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%. The company had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $3.01 billion. On average, equities analysts anticipate that Akzo Nobel will post 1.45 earnings per share for the current year.
Akzo Nobel Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, November 7th will be issued a $0.1583 dividend. The ex-dividend date of this dividend is Thursday, November 7th. Akzo Nobel's dividend payout ratio (DPR) is currently 22.77%.
Akzo Nobel Company Profile
(
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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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