Akzo Nobel (OTCMKTS:AKZOY) Hits New 52-Week Low – What’s Next?

Akzo Nobel (OTCMKTS:AKZOY)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $18.28 and last traded at $18.43, with a volume of 284844 shares. The stock had previously closed at $19.04.

Akzo Nobel Stock Performance

The firm’s fifty day moving average is $19.94 and its 200-day moving average is $20.79. 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 $9.87 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 0.63 and a beta of 1.23.

Akzo Nobel (OTCMKTS:AKZOY) last announced its earnings results 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 12.46%. As a group, research analysts anticipate 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.