Nippon Paint (OTCMKTS:NPCPF) Issues Earnings Results

Nippon Paint (OTCMKTS:NPCPF) announced its quarterly earnings data on Friday. The company reported $0.13 EPS for the quarter, Zacks reports. Nippon Paint had a net margin of 9.46% and a return on equity of 10.44%.

Nippon Paint Price Performance

Shares of Nippon Paint stock traded down $0.19 during trading on Friday, reaching $3.29. 1,190 shares of the company’s stock were exchanged, compared to its average volume of 4,223. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.77 and a current ratio of 0.94. Nippon Paint has a 1-year low of $6.13 and a 1-year high of $8.12. The company has a market cap of $7.80 billion, a P/E ratio of 7.00 and a beta of 0.92. The firm’s 50-day moving average price is $3.69 and its 200 day moving average price is $3.88.

Nippon Paint Company Profile

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.