Nippon Paint (OTCMKTS:NPCPF) Upgraded at Zacks Research

Nippon Paint (OTCMKTS:NPCPF) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Nippon Paint Stock Performance

OTCMKTS:NPCPF opened at $6.73 on Monday. The firm’s 50-day moving average is $6.32 and its 200-day moving average is $5.27. The company has a market cap of $15.67 billion, a price-to-earnings ratio of 12.02 and a beta of 0.06. 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 has a 52-week low of $6.00 and a 52-week high of $8.12.

Nippon Paint (OTCMKTS:NPCPF) last released its earnings results on Friday, May 15th. The company reported $0.14 earnings per share for the quarter. Nippon Paint had a return on equity of 11.52% and a net margin of 10.53%.The business had revenue of $3.13 billion for the quarter. Equities research analysts anticipate that Nippon Paint will post 0.48 earnings per share for the current year.

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.