Nippon Paint (OTCMKTS:NPCPF) Sets New 52-Week High – Here’s Why

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) shares reached a new 52-week high on Wednesday. The stock traded as high as $8.45 and last traded at $8.45, with a volume of 1,768 shares traded. The stock had previously closed at $6.6945.

Nippon Paint Price Performance

The company has a debt-to-equity ratio of 0.63, a current ratio of 2.15 and a quick ratio of 1.77. The stock’s fifty day simple moving average is $7.24 and its 200-day simple moving average is $6.50. The stock has a market cap of $19.67 billion, a P/E ratio of 14.32 and a beta of 0.01.

Nippon Paint (OTCMKTS:NPCPF) last posted its earnings results on Wednesday, November 11th. The company reported $0.17 EPS for the quarter. The company had revenue of $3.29 billion during the quarter. Nippon Paint had a return on equity of 10.97% and a net margin of 10.71%.

Nippon Paint Company Profile

Nippon Paint Holdings Co., Ltd. is a Japan-based coatings manufacturer with roots dating to 1881, when it began as a paint producer in Japan. The company develops and sells paints, coatings and related products for residential, commercial and industrial uses. Its products include decorative paints for buildings, automotive coatings, industrial coatings, marine paints and coatings, and specialty materials. These products are used by consumers, construction companies, vehicle manufacturers and other industrial customers.