KAO (OTCMKTS:KAOOY) Trading 0.4% Higher – Here’s Why

Kao Co. (OTCMKTS:KAOOYGet Free Report) shares traded up 0.4% on Tuesday . The company traded as high as $7.30 and last traded at $7.28. Approximately 254,165 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 226,396 shares. The stock had previously closed at $7.25.

KAO Stock Performance

The business’s 50 day moving average is $7.13 and its 200 day moving average is $7.56.

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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