Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $21.14 and last traded at $20.97, with a volume of 3785 shares trading hands. The stock had previously closed at $19.31.
Nitto Denko Trading Down 0.7%
The firm's 50 day simple moving average is $18.64 and its two-hundred day simple moving average is $18.42. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 17.95 and a beta of 0.84.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The technology company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.40). The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.53 billion. As a group, equities research analysts anticipate that Nitto Denko Corp. will post 1.23 earnings per share for the current fiscal year.
About Nitto Denko
(
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Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes.
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