Akzo Nobel (OTCMKTS:AKZOY) Announces Quarterly Earnings Results

Akzo Nobel (OTCMKTS:AKZOY) released its quarterly earnings results on Wednesday. The basic materials company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06), Zacks reports. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%.

Akzo Nobel Stock Down 1.1 %

Shares of Akzo Nobel stock opened at $20.97 on Wednesday. Akzo Nobel has a 1-year low of $18.73 and a 1-year high of $25.91. The company has a market capitalization of $10.75 billion, a P/E ratio of 20.76, a PEG ratio of 0.66 and a beta of 1.24. The business’s fifty day moving average price is $19.97 and its two-hundred day moving average price is $20.86. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.21 and a quick ratio of 0.89.

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.