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

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

Nitto Denko Price Performance

Nitto Denko stock opened at $17.91 on Monday. Nitto Denko has a 12-month low of $12.80 and a 12-month high of $19.43. The stock has a market capitalization of $12.66 billion, a PE ratio of 14.99 and a beta of 0.89. The firm has a 50 day simple moving average of $16.48 and a 200-day simple moving average of $26.56.

About Nitto Denko

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.