Akzo Nobel (OTCMKTS:AKZOY) Stock Crosses Above 50-Day Moving Average – What’s Next?

Akzo Nobel (OTCMKTS:AKZOY)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $19.85 and traded as high as $20.24. Akzo Nobel shares last traded at $20.08, with a volume of 59,249 shares traded.

Akzo Nobel Price Performance

The stock’s 50-day moving average is $19.85 and its two-hundred day moving average is $20.74. The company has a market capitalization of $10.30 billion, a PE ratio of 20.92, a price-to-earnings-growth ratio of 0.66 and a beta of 1.23. The company has a current ratio of 1.23, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76.

Akzo Nobel (OTCMKTS:AKZOY) last issued its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.06). Akzo Nobel had a return on equity of 12.45% and a net margin of 4.26%. On average, equities analysts predict that Akzo Nobel will post 1.52 EPS for the current year.

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.