Nippon Paint (OTCMKTS:NPCPF – Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.15 earnings per share for the quarter, Zacks reports. Nippon Paint had a return on equity of 11.27% and a net margin of 10.53%.
Nippon Paint Stock Performance
Shares of NPCPF remained flat at $6.69 during mid-day trading on Friday. 51 shares of the stock were exchanged, compared to its average volume of 43. The firm has a market cap of $15.58 billion, a P/E ratio of 11.95 and a beta of 0.04. Nippon Paint has a 12-month low of $6.00 and a 12-month high of $7.05. The business has a 50-day simple moving average of $6.75 and a two-hundred day simple moving average of $6.05. The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 0.63.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Nippon Paint to a “hold” rating in a report on Monday, June 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.
About Nippon Paint
Nippon Paint Holdings Co, Ltd. is a leading global manufacturer of paints and coatings, with roots tracing back to its founding in 1881 in Osaka, Japan. The company develops, produces, and markets a broad portfolio of decorative paints for residential and commercial applications, as well as high-performance industrial coatings tailored to automotive, marine, aerospace, protective, and general industrial markets. Its product lines include emulsions, primers, topcoats, powder coatings, and specialty formulations designed to meet stringent performance and environmental standards.
Through a network of subsidiaries, joint ventures, and strategic alliances, Nippon Paint serves customers across Asia, Europe, North America, and other emerging markets.
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