Nippon Paint (OTCMKTS:NPCPF) Sets New 1-Year Low – Here’s Why

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) shares reached a new 52-week low on Monday . The company traded as low as $3.43 and last traded at $3.43, with a volume of 0 shares traded. The stock had previously closed at $3.43.

Analyst Upgrades and Downgrades

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

Nippon Paint Price Performance

The company has a quick ratio of 1.44, a current ratio of 1.81 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $3.55 and its two-hundred day moving average is $3.57. The firm has a market cap of $8.04 billion, a P/E ratio of 9.26 and a beta of 0.84.

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

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.