Nippon Paint (OTCMKTS:NPCPF) Stock Price Down 5.4% – Time to Sell?

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) shares traded down 5.4% during trading on Monday . The stock traded as low as $6.61 and last traded at $6.61. 201 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 1,103 shares. The stock had previously closed at $6.99.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Nippon Paint to a “hold” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Nippon Paint Price Performance

The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $15.39 billion, a price-to-earnings ratio of 11.80 and a beta of 0.04. The business has a 50-day moving average price of $6.53 and a two-hundred day moving average price of $5.76.

Nippon Paint (OTCMKTS:NPCPF) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $3.13 billion during the quarter. Nippon Paint had a net margin of 10.53% and a return on equity of 11.27%. As a group, research analysts forecast that Nippon Paint Holdings Co., Ltd. will post 0.55 EPS for the current year.

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.