Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) issued its earnings results on Tuesday. The basic materials company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04), Zacks reports. Akzo Nobel had a net margin of 4.08% and a return on equity of 13.48%. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $2.67 billion.
Akzo Nobel Price Performance
Shares of OTCMKTS:AKZOY traded down $0.22 during midday trading on Thursday, reaching $22.81. 23,266 shares of the company were exchanged, compared to its average volume of 106,984. The stock has a market cap of $11.70 billion, a PE ratio of 25.63, a price-to-earnings-growth ratio of 0.73 and a beta of 1.07. The business's fifty day moving average is $22.88 and its two-hundred day moving average is $21.35. Akzo Nobel has a one year low of $18.07 and a one year high of $24.12. The company has a current ratio of 1.36, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86.
Akzo Nobel Company Profile
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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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