From MarketBeat:

Akzo Nobel saw a drop in short interest, with 24,900 shares shorted, a decrease of 8.8% from the previous month. The days-to-cover ratio is 0.2 days based on a daily volume of 132,900 shares. Analysts at Deutsche Bank Aktiengesellschaft and Stifel Nicolaus upgraded Akzo Nobel from a “hold” to a “buy” rating. The stock opened at $27.74.

Akzo Nobel last posted quarterly earnings data, reporting $0.36 earnings per share and a return on equity of 10.48%. The business predicts 1.29 EPS for the current fiscal year. The firm recently paid a dividend of $0.1125 per share, with a dividend payout ratio of 25.29%. The company has a market cap of $14.21 billion and a PE ratio of 31.89.

Akzo Nobel N.V. is a global producer and seller of paints and coatings. Its decorative paints include a range of products for the building and renovation industry. The performance coatings division offers coatings to protect and enhance ships, cars, aircraft, architectural components, and more. The company also manufactures specialty coatings.

For more information find the latest report on Akzo Nobel on MarketBeat.



Read more: Akzo Nobel (OTCMKTS:AKZOY) Short Interest Down 8.8% in December