Nitto Denko (OTCMKTS:NDEKY) Stock Price Up 1.5%

Nitto Denko Co. (OTCMKTS:NDEKY) shares were up 1.5% during trading on Wednesday . The company traded as high as $40.13 and last traded at $40.13. Approximately 4,437 shares changed hands during trading, a decline of 73% from the average daily volume of 16,729 shares. The stock had previously closed at $39.55.

Nitto Denko Price Performance

The company has a market cap of $11.52 billion, a PE ratio of 16.25 and a beta of 0.93. The company has a 50-day moving average price of $39.86 and a two-hundred day moving average price of $41.90.

Nitto Denko (OTCMKTS:NDEKY) last posted its earnings results on Friday, April 26th. The technology company reported $0.50 EPS for the quarter. The business had revenue of $1.49 billion for the quarter. Nitto Denko had a net margin of 11.16% and a return on equity of 10.72%. On average, equities research analysts anticipate that Nitto Denko Co. will post 2.66 earnings per share for the current year.

Nitto Denko Company Profile

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes.