Nippon Paint (OTCMKTS:NPCPF) Issues Quarterly Earnings Results

Nippon Paint (OTCMKTS:NPCPF) released its quarterly earnings data on Friday. The company reported $0.13 EPS for the quarter, Zacks reports. Nippon Paint had a return on equity of 10.44% and a net margin of 9.46%.

Nippon Paint Trading Down 5.3%

OTCMKTS NPCPF traded down $0.19 during mid-day trading on Friday, hitting $3.29. The company’s stock had a trading volume of 1,190 shares, compared to its average volume of 4,223. The firm has a market capitalization of $7.80 billion, a P/E ratio of 7.00 and a beta of 0.92. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.94 and a quick ratio of 0.77. Nippon Paint has a 52-week low of $6.13 and a 52-week high of $8.12. The stock’s fifty day simple moving average is $3.69 and its two-hundred day simple moving average is $3.88.

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.