Akzo Nobel (OTCMKTS:AKZOD) Stock Price Down 0.2% – Time to Sell?

Akzo Nobel (OTCMKTS:AKZOD)’s share price dropped 0.2% during mid-day trading on Wednesday . The company traded as low as $21.65 and last traded at $21.7250. 29,835 shares changed hands during trading, a decline of 57% from the average session volume of 69,955 shares. The stock had previously closed at $21.77.

Akzo Nobel Price Performance

The stock has a market capitalization of $14.84 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 8.70 and a beta of 0.76. 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 50 day moving average of $22.01 and a 200 day moving average of $21.62.

Akzo Nobel Company Profile

Akzo Nobel is a Dutch multinational company specializing in the manufacture of paints, coatings and specialty chemicals. Headquartered in Amsterdam, the company operates two core business segments: Decorative Paints and Performance Coatings. Its Decorative Paints division supplies brands such as Dulux, Sikkens and International to professional painters, retailers and DIY consumers. The Performance Coatings unit serves industrial markets including automotive OEM and refinish, marine and protective coatings, powder coatings and specialty polymers for packaging applications.

Tracing its origins to the merger of Akzo and Nobel Industries in 1994, Akzo Nobel draws on a heritage dating back more than a century, including Alfred Nobel’s early work on dynamite and explosives.