Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $20.36, but opened at $19.27. Nitto Denko shares last traded at $19.27, with a volume of 380 shares.
Nitto Denko Price Performance
The firm has a fifty day simple moving average of $21.42 and a 200-day simple moving average of $23.26. The firm has a market cap of $13.71 billion, a P/E ratio of 15.30 and a beta of 0.94.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last issued its quarterly earnings data on Monday, January 26th. The technology company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.64 billion. Nitto Denko had a return on equity of 12.71% and a net margin of 13.14%. On average, equities analysts predict that Nitto Denko Corp. will post 1.23 earnings per share for the current year.
About Nitto Denko
(
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Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company's core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.
The company's product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.
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