Kao Co. (OTCMKTS:KAOOY – Get Free Report) shares shot up 0.9% during mid-day trading on Tuesday . The stock traded as high as $7.6270 and last traded at $7.58. 174,440 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 192,048 shares. The stock had previously closed at $7.51.
KAO Price Performance
The company has a 50 day simple moving average of $7.76 and a 200-day simple moving average of $8.03.
KAO Company Profile
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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