Nippon Paint (OTCMKTS:NPCPF) Reaches New 52-Week Low – What’s Next?

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) shares hit a new 52-week low on Wednesday . The company traded as low as $4.22 and last traded at $4.22, with a volume of 3413 shares changing hands. The stock had previously closed at $4.17.

Wall Street Analyst Weigh In

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

Nippon Paint Stock Performance

The stock has a fifty day simple moving average of $3.53 and a 200-day simple moving average of $3.58. The stock has a market cap of $9.91 billion, a P/E ratio of 11.58 and a beta of 0.84. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.44 and a current ratio of 1.81.

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

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.