Akzo Nobel (OTCMKTS:AKZOY) Short Interest Update

Akzo Nobel (OTCMKTS:AKZOY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 11,600 shares, a drop of 66.6% from the January 31st total of 34,700 shares. Based on an average daily volume of 315,000 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Barclays reissued an “overweight” rating on shares of Akzo Nobel in a report on Monday, February 3rd.

Akzo Nobel Trading Down 1.3 %

Akzo Nobel stock opened at $20.69 on Friday. The firm has a market cap of $10.61 billion, a PE ratio of 21.55, a P/E/G ratio of 0.67 and a beta of 1.23. Akzo Nobel has a 12 month low of $18.28 and a 12 month high of $25.42. The stock’s 50 day simple moving average is $19.92 and its two-hundred day simple moving average is $20.77. The company has a current ratio of 1.23, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly 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 return on equity of 12.45% and a net margin of 4.26%. Analysts anticipate that Akzo Nobel will post 1.52 earnings per share for the current year.

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.