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Nitto Denko (OTCMKTS:NDEKY) Shares Gap Up - Here's Why

Nitto Denko logo with Computer and Technology background

Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $20.85, but opened at $21.94. Nitto Denko shares last traded at $21.69, with a volume of 6,505 shares traded.

Nitto Denko Trading Down 1.4%

The business has a 50-day moving average of $18.64 and a 200-day moving average of $18.44.

Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The technology company reported $0.32 earnings per share for the quarter. Analysts predict that Nitto Denko Corp. will post 1.23 earnings per share for the current fiscal year.

About Nitto Denko

(Get Free Report)

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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