Akzo Nobel (OTCMKTS:AKZOD) Stock Price Down 2% – Time to Sell?

Akzo Nobel (OTCMKTS:AKZOD)’s stock price was down 2% on Tuesday . The stock traded as low as $23.0575 and last traded at $23.21. Approximately 916,333 shares were traded during mid-day trading, an increase of 1,210% from the average daily volume of 69,955 shares. The stock had previously closed at $23.69.

Akzo Nobel Price Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.46 and a quick ratio of 1.28. The firm has a market capitalization of $15.85 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 8.70 and a beta of 0.76. The business’s fifty day simple moving average is $22.55 and its 200 day simple moving average is $22.72.

About Akzo Nobel

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.