Nippon Paint (OTCMKTS:NPCPF) Hits New 52-Week Low – Time to Sell?

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) hit a new 52-week low during trading on Monday . The company traded as low as $3.94 and last traded at $3.94, with a volume of 0 shares. The stock had previously closed at $3.94.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Nippon Paint to a “hold” rating in a report on Friday, August 16th.

Nippon Paint Stock Performance

The firm has a market capitalization of $8.57 billion, a price-to-earnings ratio of 9.86 and a beta of 0.84. The business’s 50-day moving average price is $3.47 and its 200 day moving average price is $3.58. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.81 and a quick ratio of 1.44.

Nippon Paint (OTCMKTS:NPCPF) last released its earnings results on Thursday, August 8th. The company reported $0.10 EPS for the quarter. Nippon Paint had a return on equity of 8.44% and a net margin of 7.90%. The company had revenue of $2.78 billion during the quarter.

Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. engages in the paints and fine chemicals businesses. The company offers automotive coatings, including paints for the automotive body, including surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; trade-use paints for construction sites, including single-family detached homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior construction materials, office equipment, and electric home appliances.