Akzo Nobel NV (OTCMKTS:AKZOY) Short Interest Update

Akzo Nobel NV (OTCMKTS:AKZOY) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 20,700 shares, a drop of 58.6% from the August 15th total of 50,000 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 140,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 140,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Akzo Nobel Trading Down 0.1%

OTCMKTS:AKZOY opened at $24.03 on Friday. The stock’s 50 day moving average price is $22.76 and its 200 day moving average price is $22.01. Akzo Nobel has a 52-week low of $18.07 and a 52-week high of $24.37. The company has a market capitalization of $12.34 billion, a PE ratio of 27.00, a P/E/G ratio of 0.92 and a beta of 1.07. The company has a quick ratio of 0.91, a current ratio of 1.23 and a debt-to-equity ratio of 0.83.

Akzo Nobel (OTCMKTS:AKZOY) last announced its earnings results on Tuesday, July 22nd. The basic materials company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). Akzo Nobel had a net margin of 4.08% and a return on equity of 13.63%. The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $2.67 billion. On average, research analysts anticipate that Akzo Nobel will post 1.52 EPS for the current year.

Akzo Nobel Company Profile

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.