KAO (OTCMKTS:KAOOY) Stock Price Up 0.5% – Still a Buy?

Shares of Kao Co. (OTCMKTS:KAOOY) were up 0.5% during mid-day trading on Monday . The company traded as high as $7.75 and last traded at $7.7080. Approximately 284,609 shares were traded during trading, an increase of 57% from the average daily volume of 180,742 shares. The stock had previously closed at $7.67.

KAO Stock Up 0.5%

The business has a fifty day moving average price of $8.03 and a 200 day moving average price of $8.12.

About KAO

Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.

In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.