Nitto Denko (OTCMKTS:NDEKY) Updates FY 2024 Earnings Guidance

Nitto Denko (OTCMKTS:NDEKY) updated its FY 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.260-1.260 for the period. The company issued revenue guidance of $6.6 billion-$6.6 billion.

Nitto Denko Stock Up 1.1 %

OTCMKTS NDEKY opened at $17.91 on Monday. The stock has a market cap of $12.66 billion, a P/E ratio of 15.33 and a beta of 0.89. Nitto Denko has a twelve month low of $12.80 and a twelve month high of $19.43. The company’s 50-day simple moving average is $16.48 and its 200 day simple moving average is $26.56.

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.