Akzo Nobel (OTCMKTS:AKZOY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Akzo Nobel (OTCMKTS:AKZOYGet Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $22.18 and traded as low as $21.37. Akzo Nobel shares last traded at $21.66, with a volume of 62,486 shares traded.

Akzo Nobel Trading Down 0.8 %

The business has a 50 day moving average of $22.18 and a 200-day moving average of $21.72. The stock has a market cap of $11.11 billion, a PE ratio of 21.45, a P/E/G ratio of 0.76 and a beta of 1.30.

Akzo Nobel Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, November 7th will be issued a $0.1583 dividend. The ex-dividend date of this dividend is Thursday, November 7th. Akzo Nobel’s payout ratio is 89.11%.

About Akzo Nobel

(Get Free Report)

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.

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