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Akzo Nobel (OTCMKTS:AKZOY) Share Price Passes Below 50 Day Moving Average - Time to Sell?

Akzo Nobel logo with Basic Materials background

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $22.18 and traded as low as $21.37. Akzo Nobel shares last traded at $21.66, with a volume of 62,486 shares traded.

Akzo Nobel Stock Down 2.2 %

The firm has a market capitalization of $10.87 billion, a PE ratio of 20.98, a P/E/G ratio of 0.76 and a beta of 1.30. The firm's 50-day moving average price is $22.19 and its two-hundred day moving average price is $21.72.

Akzo Nobel Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, November 7th will be given a dividend of $0.1583 per share. The ex-dividend date is Thursday, November 7th. Akzo Nobel's payout ratio is 89.11%.

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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