Akzo Nobel (OTCMKTS:AKZOD) Shares Down 1.2% – Here’s What Happened

Akzo Nobel (OTCMKTS:AKZOD)’s stock price fell 1.2% during trading on Wednesday . The company traded as low as $18.9875 and last traded at $19.02. 79,142 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 69,955 shares. The stock had previously closed at $19.26.

Akzo Nobel Stock Up 1.5%

The company has a market cap of $13.55 billion, a PE ratio of 12.56, a PEG ratio of 8.70 and a beta of 0.76. The stock’s 50 day moving average price is $19.55 and its 200-day moving average price is $21.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.28 and a current ratio of 1.46.

Akzo Nobel Company Profile

Akzo Nobel is a Dutch multinational company specializing in the manufacture of paints, coatings and specialty chemicals. Headquartered in Amsterdam, the company operates two core business segments: Decorative Paints and Performance Coatings. Its Decorative Paints division supplies brands such as Dulux, Sikkens and International to professional painters, retailers and DIY consumers. The Performance Coatings unit serves industrial markets including automotive OEM and refinish, marine and protective coatings, powder coatings and specialty polymers for packaging applications.

Tracing its origins to the merger of Akzo and Nobel Industries in 1994, Akzo Nobel draws on a heritage dating back more than a century, including Alfred Nobel’s early work on dynamite and explosives.