Nippon Paint (OTCMKTS:NPCPF) Hits New 52-Week High – What’s Next?

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $8.45 and last traded at $8.45, with a volume of 1,768 shares trading hands. 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 business’s fifty day moving average price is $7.17 and its 200-day moving average price is $6.44. The stock has a market capitalization of $19.67 billion, a price-to-earnings ratio of 15.09 and a beta of 0.01.

Nippon Paint (OTCMKTS:NPCPF) last posted its earnings results on Wednesday, November 11th. The company reported $0.17 earnings per share for the quarter. Nippon Paint had a return on equity of 10.65% and a net margin of 10.22%.

About Nippon Paint

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.