Akzo Nobel (OTCMKTS:AKZOY) Hits New 12-Month Low at $20.26

Akzo Nobel (OTCMKTS:AKZOY) reached a new 52-week low on Thursday . The company traded as low as $20.26 and last traded at $20.44, with a volume of 103242 shares changing hands. The stock had previously closed at $20.66.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Akzo Nobel from a “sell” rating to a “neutral” rating in a report on Thursday, April 25th.

Akzo Nobel Stock Performance

The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.06. The stock has a fifty day simple moving average of $22.37 and a two-hundred day simple moving average of $24.16. The stock has a market capitalization of $10.42 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 0.64 and a beta of 1.33.

Akzo Nobel (OTCMKTS:AKZOY) last issued its quarterly earnings results on Tuesday, April 23rd. The basic materials company reported $0.26 earnings per share for the quarter. Akzo Nobel had a return on equity of 11.52% and a net margin of 4.15%. The firm had revenue of $2.88 billion during the quarter. Analysts forecast that Akzo Nobel will post 1.49 earnings per share for the current fiscal year.

About Akzo Nobel

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.