Akzo Nobel (OTCMKTS:AKZOY) Short Interest Update

Akzo Nobel (OTCMKTS:AKZOY) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 300 shares, a decline of 92.1% from the November 30th total of 3,800 shares. Based on an average trading volume of 263,900 shares, the short-interest ratio is currently 0.0 days.

Akzo Nobel Price Performance

Shares of OTCMKTS:AKZOY traded up $0.06 during trading on Thursday, hitting $19.43. 92,834 shares of the company’s stock were exchanged, compared to its average volume of 175,448. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.21 and a quick ratio of 0.89. Akzo Nobel has a 52-week low of $19.05 and a 52-week high of $27.99. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 0.72 and a beta of 1.26. The business’s 50-day simple moving average is $20.58 and its 200 day simple moving average is $21.00.

Akzo Nobel (OTCMKTS:AKZOY) last announced its earnings results on Wednesday, October 23rd. The basic materials company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.04. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.01 billion. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%. As a group, equities analysts predict that Akzo Nobel will post 1.46 EPS for the current year.

Akzo Nobel Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 15th. Stockholders 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 presently 21.78%.

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.