Akzo Nobel NV (OTCMKTS:AKZOY) Short Interest Update

Key Points

• In August, Akzo Nobel NV saw a significant increase in short interest, growing by 44.1% to a total of 50,000 shares.
• The company's latest quarterly earnings report showed $0.43 earnings per share, missing expectations by $0.04, despite exceeding revenue estimates at $3.07 billion.
• Akzo Nobel has a market capitalization of $12.20 billion and key ratios include a PE ratio of 26.69 and a quick ratio of 0.91.

Akzo Nobel NV (OTCMKTS:AKZOY - Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 50,000 shares, agrowthof44.1% from the July 31st total of 34,700 shares. Based on an average daily volume of 144,200 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 144,200 shares, the short-interest ratio is currently 0.3 days.

Akzo Nobel Price Performance

Shares of OTCMKTS:AKZOY opened at $23.75 on Monday. The firm's 50 day moving average price is $22.71 and its 200-day moving average price is $21.90. Akzo Nobel has a twelve month low of $18.07 and a twelve month high of $24.12. The company has a quick ratio of 0.91, a current ratio of 1.23 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $12.20 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 0.91 and a beta of 1.06.

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The basic materials company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). Akzo Nobel had a return on equity of 13.63% and a net margin of 4.08%.The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $2.67 billion. Equities research analysts expect that Akzo Nobel will post 1.52 EPS for the current 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.

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