Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $18.90, but opened at $16.43. Nitto Denko shares last traded at $19.12, with a volume of 1,727 shares changing hands.
Nitto Denko Stock Up 0.3%
The firm's 50 day simple moving average is $18.25 and its two-hundred day simple moving average is $18.16.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last posted its quarterly earnings results 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 analysts' expectations of $1.53 billion. On average, equities research analysts predict that Nitto Denko Corp. will post 1.23 EPS for the current 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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