Nippon Paint (OTCMKTS:NPCPF) Shares Down 5.4% – Here’s What Happened

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

Analyst Ratings Changes

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

Nippon Paint Stock Performance

The stock has a market cap of $15.39 billion, a price-to-earnings ratio of 11.80 and a beta of 0.04. The firm’s 50-day moving average is $6.53 and its two-hundred day moving average is $5.78. The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 0.63.

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

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.