Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report)'s stock price traded down 1.9% during trading on Tuesday . The company traded as low as $19.14 and last traded at $19.28. 25,050 shares traded hands during trading, an increase of 30% from the average session volume of 19,236 shares. The stock had previously closed at $19.65.
Nitto Denko Trading Down 0.7%
The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 18.08 and a beta of 0.84. The stock has a 50-day moving average price of $18.64 and a 200 day moving average price of $18.41.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The technology company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.40). The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.53 billion. Equities research analysts anticipate that Nitto Denko Corp. will post 1.23 earnings per share for the current year.
Nitto Denko Company Profile
(
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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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