Akzo Nobel (OTCMKTS:AKZOY) Reaches New 1-Year Low – Time to Sell?

Akzo Nobel (OTCMKTS:AKZOY)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $19.08 and last traded at $19.43, with a volume of 163788 shares changing hands. The stock had previously closed at $19.13.

Akzo Nobel Stock Performance

The company has a debt-to-equity ratio of 0.76, a current ratio of 1.21 and a quick ratio of 0.89. The company has a fifty day moving average of $21.76 and a 200 day moving average of $21.46. The stock has a market cap of $9.96 billion, a P/E ratio of 18.94, a PEG ratio of 0.68 and a beta of 1.30.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly earnings results on Wednesday, October 23rd. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.01 billion. On average, equities analysts predict that Akzo Nobel will post 1.45 earnings per share for the current fiscal year.

Akzo Nobel Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, November 7th were paid a $0.1583 dividend. The ex-dividend date of this dividend was Thursday, November 7th. Akzo Nobel’s payout ratio is currently 22.77%.

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.