Nippon Paint (OTCMKTS:NPCPF) Hits New 12-Month High – Here’s Why

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) shares reached a new 52-week high on Friday. The company traded as high as $7.95 and last traded at $7.95, with a volume of 241 shares traded. The stock had previously closed at $6.61.

Nippon Paint Stock Performance

The company has a current ratio of 2.15, a quick ratio of 1.77 and a debt-to-equity ratio of 0.63. The company’s 50-day simple moving average is $6.74 and its 200-day simple moving average is $6.61. The stock has a market capitalization of $18.51 billion and a price-to-earnings ratio of 14.20.

Nippon Paint (OTCMKTS:NPCPF) last released its quarterly earnings results on Friday, August 7th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $3.35 billion during the quarter. Nippon Paint had a net margin of 10.22% and a return on equity of 10.65%.

Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. is a Japan-based coatings manufacturer that develops, produces and sells paints and surface-treatment products for residential, commercial, industrial and infrastructure applications. The company’s offerings include decorative paints, automotive coatings, industrial coatings, protective coatings and marine coatings, as well as related products and services.

Through its operating companies and brands, Nippon Paint serves customers across Japan and international markets, particularly throughout Asia.