Akzo Nobel (OTCMKTS:AKZOY) Hits New 1-Year High – What’s Next?

Akzo Nobel NV (OTCMKTS:AKZOY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $24.13 and last traded at $24.13, with a volume of 13156 shares changing hands. The stock had previously closed at $23.75.

Akzo Nobel Stock Up 2.0%

The company has a market capitalization of $12.44 billion, a price-to-earnings ratio of 27.21, a P/E/G ratio of 0.91 and a beta of 1.06. The company has a quick ratio of 0.91, a current ratio of 1.23 and a debt-to-equity ratio of 0.83. The stock’s fifty day moving average price is $22.71 and its 200-day moving average price is $21.90.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly earnings data on Tuesday, July 22nd. The basic materials company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). Akzo Nobel had a net margin of 4.08% and a return on equity of 13.63%. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $2.67 billion. On average, sell-side analysts predict that Akzo Nobel NV will post 1.52 earnings per share for the current fiscal 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.