Nippon Paint (OTCMKTS:NPCPF) Shares Gap Up – Here’s What Happened
by Doug Wharley · The Cerbat GemNippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $6.0410, but opened at $6.60. Nippon Paint shares last traded at $6.60, with a volume of 150 shares trading hands.
Nippon Paint Trading Up 4.3%
The business’s 50 day moving average price is $6.34 and its two-hundred day moving average price is $4.75. The company has a market capitalization of $15.36 billion, a price-to-earnings ratio of 12.69 and a beta of -0.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.78 and a current ratio of 2.16.
Nippon Paint (OTCMKTS:NPCPF – Get Free Report) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $2.96 billion during the quarter. Nippon Paint had a net margin of 10.23% and a return on equity of 11.09%.
Nippon Paint Company Profile
Nippon Paint Holdings Co, Ltd. is a leading global manufacturer of paints and coatings, with roots tracing back to its founding in 1881 in Osaka, Japan. The company develops, produces, and markets a broad portfolio of decorative paints for residential and commercial applications, as well as high-performance industrial coatings tailored to automotive, marine, aerospace, protective, and general industrial markets. Its product lines include emulsions, primers, topcoats, powder coatings, and specialty formulations designed to meet stringent performance and environmental standards.
Through a network of subsidiaries, joint ventures, and strategic alliances, Nippon Paint serves customers across Asia, Europe, North America, and other emerging markets.