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Akzo Nobel (OTCMKTS:AKZOY) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Akzo Nobel logo with Basic Materials background

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.24 and traded as low as $19.31. Akzo Nobel shares last traded at $19.41, with a volume of 299,084 shares trading hands.

Akzo Nobel Stock Down 0.8 %

The stock's 50 day moving average is $20.24 and its 200 day moving average is $20.92. The company has a market capitalization of $9.87 billion, a PE ratio of 19.06, a PEG ratio of 0.72 and a beta of 1.26. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.89 and a current ratio of 1.21.

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

Akzo Nobel Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, November 7th were given a $0.1583 dividend. The ex-dividend date of this dividend was Thursday, November 7th. Akzo Nobel's dividend payout ratio (DPR) is currently 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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