Akzo Nobel (OTCMKTS:AKZOY – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 51,200 shares, a decrease of 26.3% from the September 15th total of 69,500 shares. Based on an average trading volume of 245,800 shares, the short-interest ratio is presently 0.2 days.
Akzo Nobel Stock Performance
Shares of AKZOY stock opened at $23.23 on Friday. The firm’s 50-day moving average is $21.40 and its 200-day moving average is $21.99. Akzo Nobel has a 52-week low of $19.40 and a 52-week high of $27.99. The stock has a market cap of $11.91 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 0.77 and a beta of 1.30.
Akzo Nobel (OTCMKTS:AKZOY – Get Free Report) last announced its earnings results on Tuesday, July 23rd. The basic materials company reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.97 billion. Akzo Nobel had a return on equity of 11.95% and a net margin of 4.68%. Sell-side analysts predict that Akzo Nobel will post 1.48 EPS for the current fiscal year.
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Akzo Nobel Company Profile
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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