KAO (OTCMKTS:KAOOY) Shares Down 1.8% – What’s Next?

Kao Co. (OTCMKTS:KAOOYGet Free Report) was down 1.8% on Monday . The company traded as low as $7.45 and last traded at $7.47. Approximately 260,677 shares traded hands during mid-day trading, an increase of 23% from the average daily volume of 212,133 shares. The stock had previously closed at $7.61.

KAO Trading Down 1.8%

The stock has a 50-day moving average of $7.51 and a 200 day moving average of $7.83.

About KAO

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Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.

In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.

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