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Nippon Paint (OTCMKTS:NPCPF) Stock Price Up 6.4% - Here's Why

Nippon Paint logo with Construction background

Shares of Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF - Get Free Report) were up 6.4% during mid-day trading on Wednesday . The company traded as high as $8.12 and last traded at $8.12. Approximately 1,600 shares changed hands during mid-day trading, The stock had previously closed at $7.63.

Nippon Paint Trading Up 2.9%

The company has a market capitalization of $9.93 billion, a P/E ratio of 11.32 and a beta of 1.11. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.92 and a quick ratio of 0.75. The stock's 50 day moving average is $4.27 and its 200-day moving average is $3.84.

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 for the quarter. Nippon Paint had a net margin of 8.07% and a return on equity of 8.63%. The business had revenue of $2.66 billion for 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.

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