Akzo Nobel (OTCMKTS:AKZOD) Stock Price Down 0.8% – Should You Sell?

Akzo Nobel (OTCMKTS:AKZOD)’s stock price traded down 0.8% during trading on Tuesday . The company traded as low as $23.43 and last traded at $23.4972. 84,701 shares were traded during mid-day trading, an increase of 21% from the average session volume of 69,955 shares. The stock had previously closed at $23.68.

Akzo Nobel Price Performance

The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 0.35. The company has a 50 day simple moving average of $23.26 and a 200-day simple moving average of $22.90. The stock has a market cap of $16.03 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 8.70 and a beta of 0.76.

About Akzo Nobel

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.