Akzo Nobel (OTCMKTS:AKZOD) Stock Jumps 0.2% – Should You Buy?

Akzo Nobel (OTCMKTS:AKZOD – Get Free Report) shares shot up 0.2% during trading on Tuesday. The company traded as high as $21.62 and last traded at $21.59. Approximately 135,051 shares were traded during mid-day trading, an increase of 93% from the average daily volume of 69,955 shares. The stock had previously closed at $21.55.

Akzo Nobel Stock Performance

The firm’s 50-day moving average price is $22.74 and its 200 day moving average price is $21.80. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.28 and a current ratio of 1.46. The company has a market cap of $14.74 billion, a price-to-earnings ratio of 13.66, a PEG ratio of 8.70 and a beta of 0.76.

Akzo Nobel Company Profile

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Akzo Nobel N.V. is a Netherlands-based multinational company that develops, manufactures and sells paints and performance coatings. Its products are used in residential and commercial buildings, industrial equipment, vehicles, ships, aircraft, consumer goods and infrastructure. The company serves both professional and consumer markets through decorative paints, protective coatings and specialty coating solutions.

AkzoNobel’s portfolio includes well-known brands such as Dulux, International, Sikkens and Interpon.

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