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

Shares of Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) hit a new 52-week low during trading on Wednesday . The stock traded as low as $6.00 and last traded at $6.00, with a volume of 45765 shares trading hands. The stock had previously closed at $6.20.

Nippon Paint Price Performance

The firm’s fifty day simple moving average is $6.50 and its 200-day simple moving average is $4.89. The firm has a market capitalization of $13.97 billion, a PE ratio of 11.54 and a beta of 0.09. The company has a quick ratio of 1.78, a current ratio of 2.16 and a debt-to-equity ratio of 0.71.

Nippon Paint (OTCMKTS:NPCPF) last issued its earnings results on Friday, February 13th. The company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $2.96 billion for the quarter. Nippon Paint had a net margin of 10.23% and a return on equity of 11.09%.

About Nippon Paint

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.