Akzo Nobel (OTCMKTS:AKZOY) Issues Earnings Results, Misses Estimates By $0.06 EPS

Akzo Nobel (OTCMKTS:AKZOY) posted its earnings results on Wednesday. The basic materials company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.06), Zacks reports. Akzo Nobel had a net margin of 4.47% and a return on equity of 12.16%.

Akzo Nobel Price Performance

Shares of AKZOY opened at $20.97 on Wednesday. Akzo Nobel has a one year low of $18.73 and a one year high of $25.91. The stock’s fifty day moving average is $19.97 and its 200-day moving average is $20.86. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.89 and a current ratio of 1.21. The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 20.76, a price-to-earnings-growth ratio of 0.66 and a beta of 1.24.

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.