Akzo Nobel (OTCMKTS:AKZOY) Short Interest Update

Akzo Nobel (OTCMKTS:AKZOY) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 300 shares, a drop of 92.1% from the November 30th total of 3,800 shares. Based on an average trading volume of 263,900 shares, the short-interest ratio is currently 0.0 days.

Akzo Nobel Trading Up 0.8 %

OTCMKTS AKZOY traded up $0.16 on Friday, reaching $19.59. The company had a trading volume of 202,714 shares, compared to its average volume of 175,557. The firm has a market cap of $10.05 billion, a price-to-earnings ratio of 19.40, a P/E/G ratio of 0.72 and a beta of 1.26. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.21 and a quick ratio of 0.89. Akzo Nobel has a fifty-two week low of $19.05 and a fifty-two week high of $27.78. The business has a 50 day moving average of $20.52 and a two-hundred day moving average of $20.99.

Akzo Nobel (OTCMKTS:AKZOY) last posted its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $3.01 billion. Akzo Nobel had a return on equity of 12.16% and a net margin of 4.47%. Analysts forecast that Akzo Nobel will post 1.46 EPS for the current year.

Akzo Nobel Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, November 7th were paid a dividend of $0.1583 per share. The ex-dividend date was Thursday, November 7th. Akzo Nobel’s dividend payout ratio is presently 21.78%.

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.