Akzo Nobel (OTCMKTS:AKZOY) Reaches New 1-Year Low – Should You Sell?

Akzo Nobel (OTCMKTS:AKZOY)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $18.28 and last traded at $18.43, with a volume of 284844 shares. The stock had previously closed at $19.04.

Akzo Nobel Price Performance

The firm has a market capitalization of $9.45 billion, a P/E ratio of 19.20, a price-to-earnings-growth ratio of 0.63 and a beta of 1.23. The business has a fifty day moving average of $19.96 and a 200-day moving average of $20.83. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.89 and a current ratio of 1.21.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly earnings data on Wednesday, February 5th. The basic materials company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06). Akzo Nobel had a net margin of 4.26% and a return on equity of 12.46%. On average, sell-side analysts forecast that Akzo Nobel will post 1.52 EPS for the current fiscal year.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.