Akzo Nobel (OTCMKTS:AKZOY) Short Interest Update

Akzo Nobel (OTCMKTS:AKZOY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 34,700 shares, a growth of 31.9% from the January 15th total of 26,300 shares. Based on an average daily volume of 388,200 shares, the days-to-cover ratio is currently 0.1 days.

Akzo Nobel Trading Up 0.9 %

Shares of Akzo Nobel stock opened at $20.64 on Friday. The firm has a market capitalization of $10.59 billion, a PE ratio of 21.50, a price-to-earnings-growth ratio of 0.66 and a beta of 1.23. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 0.76. The firm’s 50 day moving average is $19.90 and its 200 day moving average is $20.74. Akzo Nobel has a 1 year low of $18.28 and a 1 year high of $25.42.

Akzo Nobel (OTCMKTS:AKZOY) last posted its earnings results on Wednesday, February 5th. The basic materials company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06). Akzo Nobel had a return on equity of 12.46% and a net margin of 4.26%. Equities research analysts forecast that Akzo Nobel will post 1.52 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.