Nitto Denko (OTCMKTS:NDEKY) Shares Gap Up - Still a Buy?

Key Points

• Gapped up: Nitto Denko shares opened at $20.96 Monday after a prior close of $20.15 and last traded around $20.31 on a volume of 8,625 shares.
• Quarterly beat: The company reported EPS of $0.35 versus $0.33 consensus and revenue of $1.72 billion versus $1.64 billion, with a net margin of 13.14% and ROE of 12.71%.
• Valuation and technicals: Market cap is $13.86 billion with a P/E of 15.47, it's trading below its 50‑day ($21.38) and 200‑day ($23.23) SMAs, and analysts forecast full‑year EPS of 1.23.

Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $20.15, but opened at $20.96. Nitto Denko shares last traded at $20.3120, with a volume of 8,625 shares changing hands.

Nitto Denko Stock Performance

The stock has a market cap of $13.86 billion, a P/E ratio of 15.47 and a beta of 0.94. The stock's fifty day simple moving average is $21.38 and its 200-day simple moving average is $23.23.

Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last posted its quarterly earnings data on Monday, January 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 13.14% and a return on equity of 12.71%. As a group, equities research analysts forecast that Nitto Denko Corp. will post 1.23 earnings per share for the current year.

About Nitto Denko

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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