Akzo Nobel (OTCMKTS:AKZOY) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Akzo Nobel (OTCMKTS:AKZOY)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $19.85 and traded as high as $20.24. Akzo Nobel shares last traded at $20.08, with a volume of 59,249 shares.

Akzo Nobel Trading Down 0.1 %

The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 1.23. The company has a market capitalization of $10.30 billion, a P/E ratio of 20.92, a PEG ratio of 0.66 and a beta of 1.23. The company’s fifty day simple moving average is $19.85 and its 200-day simple moving average is $20.74.

Akzo Nobel (OTCMKTS:AKZOY) last released its quarterly earnings data on Wednesday, February 5th. The basic materials company reported $0.20 earnings per share (EPS) 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%. Research analysts predict that Akzo Nobel will post 1.52 earnings per share for the current year.

About Akzo Nobel

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.