KAO (OTCMKTS:KAOOY) Trading Up 1.4% – Should You Buy?

Kao Co. (OTCMKTS:KAOOYGet Free Report)’s stock price was up 1.4% during trading on Monday . The company traded as high as $8.60 and last traded at $8.43. Approximately 66,067 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 217,425 shares. The stock had previously closed at $8.31.

KAO Stock Performance

The company has a 50 day simple moving average of $7.98 and a two-hundred day simple moving average of $8.46.

KAO Company Profile

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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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