Akzo Nobel (OTCMKTS:AKZOY) Hits New 12-Month Low at $20.26

Shares of Akzo Nobel (OTCMKTS:AKZOY) hit a new 52-week low on Thursday . The stock traded as low as $20.26 and last traded at $20.44, with a volume of 103242 shares. The stock had previously closed at $20.66.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Akzo Nobel from a “sell” rating to a “neutral” rating in a research report on Thursday, April 25th.

Akzo Nobel Stock Performance

The company has a current ratio of 1.06, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 0.64 and a beta of 1.33. The stock has a fifty day moving average price of $22.37 and a 200 day moving average price of $24.16.

Akzo Nobel (OTCMKTS:AKZOY) last issued its quarterly earnings data on Tuesday, April 23rd. The basic materials company reported $0.26 EPS for the quarter. The business had revenue of $2.88 billion for the quarter. Akzo Nobel had a return on equity of 11.52% and a net margin of 4.15%. As a group, analysts predict that Akzo Nobel will post 1.49 earnings per share for the current year.

Akzo Nobel Company Profile

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.