Akzo Nobel (OTCMKTS:AKZOY) Releases Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Akzo Nobel (OTCMKTS:AKZOY) issued its earnings results on Wednesday. The basic materials company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06), Zacks reports. Akzo Nobel had a return on equity of 12.46% and a net margin of 4.26%.

Akzo Nobel Stock Performance

Shares of OTCMKTS AKZOY opened at $19.81 on Friday. The company has a market cap of $10.16 billion, a PE ratio of 15.11, a P/E/G ratio of 0.63 and a beta of 1.23. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 0.76. The stock has a 50 day simple moving average of $19.93 and a 200-day simple moving average of $20.78. Akzo Nobel has a 12-month low of $18.28 and a 12-month high of $25.42.

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.