Akzo Nobel (OTCMKTS:AKZOY - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.14 and traded as high as $22.42. Akzo Nobel shares last traded at $22.42, with a volume of 51,741 shares changing hands.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. The Goldman Sachs Group raised Akzo Nobel from a "sell" rating to a "buy" rating in a report on Thursday. Barclays reaffirmed an "overweight" rating on shares of Akzo Nobel in a research note on Monday, February 3rd.
View Our Latest Report on AKZOY
Akzo Nobel Stock Performance
The firm has a market capitalization of $11.30 billion, a P/E ratio of 22.96, a P/E/G ratio of 0.67 and a beta of 1.19. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.23 and a quick ratio of 0.87. The stock's 50 day moving average is $20.18 and its two-hundred day moving average is $20.85.
Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.06). Akzo Nobel had a net margin of 4.26% and a return on equity of 12.45%. As a group, equities analysts anticipate that Akzo Nobel will post 1.52 earnings per share for the current fiscal year.
About Akzo Nobel
(
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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.
Further Reading
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