KAO (OTCMKTS:KAOOY) Shares Down 0.5% – Here’s Why

Shares of Kao Co. (OTCMKTS:KAOOYGet Free Report) fell 0.5% during trading on Friday . The stock traded as low as $7.54 and last traded at $7.77. 96,917 shares were traded during mid-day trading, a decline of 53% from the average session volume of 207,102 shares. The stock had previously closed at $7.81.

KAO Trading Down 0.5%

The firm’s fifty day simple moving average is $8.09 and its 200-day simple moving average is $8.57.

About KAO

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Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.

In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.

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