Nippon Paint (OTCMKTS:NPCPF) Hits New 1-Year Low – Here’s What Happened

Shares of Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $4.09 and last traded at $4.09, with a volume of 0 shares traded. The stock had previously closed at $4.09.

Analysts Set New Price Targets

Separately, Citigroup raised shares of Nippon Paint to a “hold” rating in a research report on Friday, August 16th.

Nippon Paint Price Performance

The company has a debt-to-equity ratio of 0.40, a current ratio of 1.81 and a quick ratio of 1.44. The firm has a 50-day moving average of $3.55 and a 200 day moving average of $3.62. The stock has a market capitalization of $9.59 billion, a price-to-earnings ratio of 11.35 and a beta of 0.84.

Nippon Paint (OTCMKTS:NPCPF) last released its earnings results on Thursday, August 8th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $2.78 billion during the quarter. Nippon Paint had a net margin of 7.90% and a return on equity of 8.44%.

Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. engages in the paints and fine chemicals businesses. The company offers automotive coatings, including paints for the automotive body, including surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; trade-use paints for construction sites, including single-family detached homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior construction materials, office equipment, and electric home appliances.