Akzo Nobel (OTCMKTS:AKZOY) Stock Crosses Below 50-Day Moving Average of $24.27

Shares of Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $24.27 and traded as low as $23.19. Akzo Nobel shares last traded at $23.26, with a volume of 78,548 shares traded.

Akzo Nobel Price Performance

The stock has a 50-day simple moving average of $24.24 and a 200 day simple moving average of $24.73. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.06. The company has a market cap of $11.93 billion, a P/E ratio of 24.78, a P/E/G ratio of 0.76 and a beta of 1.27.

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last posted its earnings results on Wednesday, February 7th. The basic materials company reported $0.15 EPS for the quarter. The business had revenue of $2.72 billion during the quarter. Akzo Nobel had a return on equity of 11.43% and a net margin of 4.15%. On average, equities analysts expect that Akzo Nobel will post 1.46 EPS for the current year.

Akzo Nobel Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 30th will be given a dividend of $0.4498 per share. The ex-dividend date is Monday, April 29th. This is an increase from Akzo Nobel's previous dividend of $0.11. Akzo Nobel's dividend payout ratio (DPR) is 24.47%.

About Akzo Nobel

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.