Shares of Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $17.92, but opened at $18.82. Nitto Denko shares last traded at $18.02, with a volume of 3,100 shares traded.
Nitto Denko Price Performance
The company's 50 day moving average price is $18.04 and its 200 day moving average price is $17.97. The firm has a market cap of $12.43 billion, a PE ratio of 15.43 and a beta of 0.84.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The technology company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.40). The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.53 billion. Sell-side analysts expect that Nitto Denko Corp. will post 1.23 earnings per share for the current fiscal 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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