Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 9,900 shares, a growth of 3,200.0% from the December 15th total of 300 shares. Based on an average daily trading volume, of 467,800 shares, the short-interest ratio is presently 0.0 days.
Akzo Nobel Trading Down 0.7 %
OTCMKTS AKZOY traded down $0.13 during trading hours on Monday, reaching $19.02. The company had a trading volume of 355,453 shares, compared to its average volume of 209,365. 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 stock has a market capitalization of $9.75 billion, a P/E ratio of 18.83, a price-to-earnings-growth ratio of 0.72 and a beta of 1.24. The stock has a 50-day moving average of $19.95 and a 200 day moving average of $20.86. Akzo Nobel has a 1-year low of $18.73 and a 1-year high of $26.14.
Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The basic materials company reported $0.42 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $3.01 billion. As a group, research analysts anticipate that Akzo Nobel will post 1.46 earnings per share for the current fiscal year.
Akzo Nobel Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, November 7th were issued a dividend of $0.1583 per share. The ex-dividend date of this dividend was Thursday, November 7th. Akzo Nobel's payout ratio is currently 21.78%.
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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