Akzo Nobel (OTCMKTS:AKZOD) Shares Down 1.5% - Here's Why

Key Points

• Shares down 1.5% — Akzo Nobel traded down to $19.59 on Wednesday (low $19.5675) with volume rising 28% to 89,643 shares versus the average of 69,955.
• Market cap $13.38 billion and a P/E of 12.40, with modest leverage (debt-to-equity 0.35) and liquidity (quick ratio 1.28); the stock sits below its 50‑day ($20.42) and 200‑day ($21.87) moving averages.
• Akzo Nobel is a Dutch multinational specializing in paints, coatings and specialty chemicals, operating Decorative Paints (brands like Dulux, Sikkens and International) and Performance Coatings for industrial markets including automotive and marine.

Shares of Akzo Nobel (OTCMKTS:AKZOD - Get Free Report) fell 1.5% on Wednesday . The company traded as low as $19.5675 and last traded at $19.59. 89,643 shares traded hands during trading, an increase of 28% from the average session volume of 69,955 shares. The stock had previously closed at $19.8887.

Akzo Nobel Trading Down 1.5%

The company has a market cap of $13.38 billion, a P/E ratio of 12.40, a P/E/G ratio of 8.70 and a beta of 0.76. The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $20.42 and a two-hundred day moving average price of $21.87.

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.

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