Nippon Paint (OTCMKTS:NPCPF) Issues Earnings Results

Nippon Paint (OTCMKTS:NPCPF) released its quarterly earnings data 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

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

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nippon Paint to a “hold” rating in a research report on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Nippon Paint currently 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.