Nippon Paint (OTCMKTS:NPCPF) Trading 5.9% Higher - Here's Why

Key Points

• Nippon Paint's stock increased by 5.9% during trading, reaching a high of $3.74 per share, with trading volume seeing a significant surge of 5,084% compared to its average daily volume.
• The company reported a quarterly earnings per share (EPS) of $0.15, with a net margin of 8.90% and revenue of $3.09 billion for the quarter ending August 8th.
• Nippon Paint's market capitalization stands at $8.86 billion, and it has a price-to-earnings (P/E) ratio of 8.90.

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF - Get Free Report)'s stock price rose 5.9% during trading on Tuesday . The stock traded as high as $3.74 and last traded at $3.74. Approximately 959 shares traded hands during mid-day trading, an increase of 5,084% from the average daily volume of 19 shares. The stock had previously closed at $3.53.

Nippon Paint Stock Performance

The stock has a market capitalization of $8.86 billion, a price-to-earnings ratio of 8.90 and a beta of 1.18. The company's fifty day simple moving average is $3.82 and its 200 day simple moving average is $4.02. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.41.

Nippon Paint (OTCMKTS:NPCPF - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported $0.15 EPS for the quarter. Nippon Paint had a net margin of 8.90% and a return on equity of 9.74%. The firm had revenue of $3.09 billion for the quarter.

About Nippon Paint

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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