Kao Co. (OTCMKTS:KAOOY – Get Free Report) shares shot up 2.6% during mid-day trading on Monday . The stock traded as high as $8.07 and last traded at $7.61. 308,802 shares changed hands during mid-day trading, an increase of 82% from the average session volume of 169,655 shares. The stock had previously closed at $7.42.
KAO Stock Performance
The firm has a fifty day moving average price of $8.09 and a 200 day moving average price of $8.25.
KAO Company Profile
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.
Further Reading
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