Nitto Denko (OTCMKTS:NDEKY) Releases FY 2024 Earnings Guidance

Nitto Denko (OTCMKTS:NDEKY) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.260-1.260 for the period. The company issued revenue guidance of $6.6 billion-$6.6 billion.

Nitto Denko Stock Up 1.1 %

NDEKY stock opened at $17.91 on Monday. The company has a market capitalization of $12.66 billion, a price-to-earnings ratio of 14.99 and a beta of 0.89. Nitto Denko has a 12 month low of $12.80 and a 12 month high of $19.43. The firm has a 50 day moving average of $16.48 and a two-hundred day moving average of $26.56.

Nitto Denko Company Profile

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.