Nippon Paint (OTCMKTS:NPCPF) Posts Earnings Results

Nippon Paint (OTCMKTS:NPCPF) announced 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%.The company had revenue of $3.35 billion during the quarter.

Nippon Paint Price Performance

OTCMKTS NPCPF remained flat at $6.69 during trading hours on Friday. 3 shares of the company were exchanged, compared to its average volume of 46. Nippon Paint has a one year low of $6.00 and a one year high of $7.05. 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 business’s 50-day simple moving average is $6.77 and its 200-day simple moving average is $6.06. The company has a market cap of $15.58 billion, a price-to-earnings ratio of 11.95 and a beta of 0.05.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Nippon Paint to a “hold” rating in a report on Monday, June 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

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.