KAO (OTCMKTS:KAOOY) Trading Up 1.4% – Here’s What Happened

Kao Co. (OTCMKTS:KAOOYGet Free Report) shares were up 1.4% during mid-day trading on Monday . The company traded as high as $8.60 and last traded at $8.43. Approximately 66,067 shares changed hands during 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 firm has a 50-day moving average price of $7.98 and a two-hundred day moving average price 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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