Nitto Denko Corp. (OTCMKTS:NDEKY - Get Free Report)'s share price dropped 1.7% during trading on Monday . The company traded as low as $22.17 and last traded at $22.21. Approximately 10,636 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 80,071 shares. The stock had previously closed at $22.59.
Nitto Denko Price Performance
The business has a 50 day moving average price of $20.19 and a 200 day moving average price of $19.06.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The technology company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.86 by ($0.54). The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.64 billion. On average, research analysts predict that Nitto Denko Corp. will post 1.23 EPS for the current fiscal 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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