Nippon Paint (OTCMKTS:NPCPF) Releases Earnings Results

Nippon Paint (OTCMKTS:NPCPF) issued its quarterly earnings results on Friday. The company reported $0.15 EPS for the quarter, Zacks reports. Nippon Paint had a return on equity of 11.27% and a net margin of 10.53%.

Nippon Paint Price Performance

OTCMKTS:NPCPF remained flat at $6.69 on Friday. 51 shares of the company’s stock were exchanged, compared to its average volume of 43. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of 11.95 and a beta of 0.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.56 and a current ratio of 1.89. The company has a 50 day moving average of $6.75 and a two-hundred day moving average of $6.05. Nippon Paint has a 12-month low of $6.00 and a 12-month high of $7.05.

Analyst Upgrades and Downgrades

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

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.