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Nippon Paint (OTCMKTS:NPCPF) Trading Down 1.5% - Here's Why

Nippon Paint logo with Construction background

Key Points

  • Nippon Paint's share price fell by 1.5% to $4.24, with trading volume increasing by 130% compared to its average daily volume.
  • The company reported a quarterly revenue of $2.66 billion, with earnings per share (EPS) of $0.10 and a return on equity of 8.63%.
  • Nippon Paint has a market capitalization of $10.04 billion and a P/E ratio of 11.45, indicating its valuation relative to earnings.
  • Want stock alerts on Nippon Paint? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF - Get Free Report) dropped 1.5% during trading on Thursday . The stock traded as low as $4.24 and last traded at $4.24. Approximately 184 shares changed hands during trading, an increase of 130% from the average daily volume of 80 shares. The stock had previously closed at $4.30.

Nippon Paint Stock Performance

The company has a 50 day simple moving average of $4.23 and a 200 day simple moving average of $3.92. The stock has a market cap of $10.04 billion, a price-to-earnings ratio of 11.45 and a beta of 1.14. The company has a quick ratio of 0.75, a current ratio of 0.92 and a debt-to-equity ratio of 0.46.

Nippon Paint (OTCMKTS:NPCPF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter. Nippon Paint had a return on equity of 8.63% and a net margin of 8.07%. The company had revenue of $2.66 billion during the quarter.

Nippon Paint Company Profile

(Get Free Report)

Nippon Paint Holdings Co, Ltd. engages in the paints and fine chemicals businesses. The company offers automotive coatings, including paints for the automotive body, including surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; trade-use paints for construction sites, including single-family detached homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior construction materials, office equipment, and electric home appliances.

Further Reading

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