Nippon Paint (OTCMKTS:NPCPF – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.17 earnings per share for the quarter, Zacks reports. The firm had revenue of $3.29 billion for the quarter. Nippon Paint had a return on equity of 10.65% and a net margin of 10.22%.
Nippon Paint Trading Up 6.3%
Shares of NPCPF opened at $8.45 on Thursday. The firm’s 50 day simple moving average is $7.21 and its 200 day simple moving average is $6.47. The company has a market capitalization of $19.67 billion, a P/E ratio of 14.20 and a beta of 0.01. Nippon Paint has a 1-year low of $6.00 and a 1-year high of $8.45. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.15 and a quick ratio of 1.77.
About Nippon Paint
Nippon Paint Holdings Co., Ltd. is a Japan-based coatings manufacturer with roots dating to 1881, when it began as a paint producer in Japan. The company develops and sells paints, coatings and related products for residential, commercial and industrial uses. Its products include decorative paints for buildings, automotive coatings, industrial coatings, marine paints and coatings, and specialty materials. These products are used by consumers, construction companies, vehicle manufacturers and other industrial customers.
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