Akzo Nobel (OTCMKTS:AKZOY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $22.15 and traded as low as $19.63. Akzo Nobel shares last traded at $19.73, with a volume of 105,078 shares changing hands.
Akzo Nobel Price Performance
The firm has a market capitalization of $10.12 billion, a price-to-earnings ratio of 19.53, a P/E/G ratio of 0.69 and a beta of 1.30. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 0.76. The company's 50 day moving average is $22.12 and its 200-day moving average is $21.65.
Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last announced its quarterly 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. Akzo Nobel had a return on equity of 12.16% and a net margin of 4.47%. The business had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $3.01 billion. Equities research analysts anticipate that Akzo Nobel will post 1.45 earnings per share for the current year.
Akzo Nobel Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 15th. Stockholders 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 is presently 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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