Akzo Nobel (OTCMKTS:AKZOY) Announces Quarterly Earnings Results

Akzo Nobel (OTCMKTS:AKZOY) issued its earnings results on Wednesday. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.06), Zacks reports. Akzo Nobel had a return on equity of 12.46% and a net margin of 4.26%.

Akzo Nobel Stock Performance

AKZOY stock opened at $19.24 on Thursday. The stock’s 50 day simple moving average is $19.94 and its 200 day simple moving average is $20.79. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 0.76. Akzo Nobel has a 12-month low of $18.28 and a 12-month high of $25.60. The stock has a market capitalization of $9.87 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 0.63 and a beta of 1.23.

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.