Nippon Paint (OTCMKTS:NPCPF) Reaches New 12-Month Low at $3.22

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $3.22 and last traded at $3.22, with a volume of 0 shares trading hands. The stock had previously closed at $3.22.

Wall Street Analysts Forecast Growth

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

Nippon Paint Price Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.44 and a current ratio of 1.81. The company has a market capitalization of $7.56 billion, a price-to-earnings ratio of 8.70 and a beta of 0.84. The firm’s 50-day simple moving average is $3.55 and its 200-day simple moving average is $3.70.

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

About Nippon Paint

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.