Nitto Denko (OTCMKTS:NDEKY – Get Free Report) posted its earnings results on Tuesday. The technology company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05, Zacks reports. Nitto Denko had a net margin of 12.94% and a return on equity of 12.13%.
Nitto Denko Trading Up 1.5%
NDEKY stock opened at $23.00 on Tuesday. The stock has a market cap of $15.61 billion, a P/E ratio of 17.55 and a beta of 0.83. The stock’s fifty day simple moving average is $22.00 and its two-hundred day simple moving average is $21.11. Nitto Denko has a 1-year low of $17.75 and a 1-year high of $26.43.
Nitto Denko Company Profile
Nitto Denko Corporation is a Japanese materials and manufacturing company that develops and supplies high-performance products for industrial, electronic, automotive, life science and other applications. Founded in 1918, the company has expanded from its original focus on electrical insulation materials into a diversified global technology business.
Its product portfolio includes industrial and specialty adhesive tapes, protective films, sealing and insulation materials, optical films used in displays, flexible printed circuit materials, and materials for semiconductor manufacturing.
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