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Akzo Nobel (OTCMKTS:AKZOD) Trading Down 1% - Should You Sell?

Akzo Nobel logo with Basic Materials background
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Key Points

  • Shares fell about 1% to $18.73 midday after touching $18.43, with volume of 227,345 shares — a 225% jump versus the average session volume.
  • The stock is trading below its 50‑day ($21.38) and 200‑day ($22.23) moving averages; valuation metrics include a market cap of $12.79B and a P/E of 11.85.
  • Akzo Nobel is a Dutch multinational that makes paints and coatings (brands include Dulux and Sikkens) and operates two core segments: Decorative Paints and Performance Coatings.
  • MarketBeat previews top five stocks to own in May.

Shares of Akzo Nobel (OTCMKTS:AKZOD - Get Free Report) traded down 1% during mid-day trading on Wednesday . The company traded as low as $18.43 and last traded at $18.73. 227,345 shares were traded during trading, an increase of 225% from the average session volume of 69,955 shares. The stock had previously closed at $18.91.

Akzo Nobel Stock Performance

The company has a market capitalization of $12.79 billion, a PE ratio of 11.85, a PEG 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 company has a 50-day moving average price of $21.38 and a two-hundred day moving average price of $22.23.

About Akzo Nobel

(Get Free Report)

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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