Akzo Nobel (OTCMKTS:AKZOD) Stock Price Up 3.1% – Still a Buy?

Akzo Nobel (OTCMKTS:AKZODGet Free Report)’s share price rose 3.1% during mid-day trading on Tuesday . The company traded as high as $20.01 and last traded at $19.84. Approximately 233,382 shares traded hands during trading, an increase of 234% from the average daily volume of 69,955 shares. The stock had previously closed at $19.25.

Akzo Nobel Price Performance

The stock’s 50-day moving average price is $20.15 and its 200 day moving average price is $20.89. The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 12.56, a PEG ratio of 8.70 and a beta of 0.76.

About Akzo Nobel

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Akzo Nobel N.V. operates as a paints and coatings company in the Netherlands and internationally. The company operates through Decorative Paints and Performance Coatings segments. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; and specialty coatings for metal, wood, and other building materials.

Further Reading

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