Nitto Denko Co. (OTCMKTS:NDEKY - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $19.91 and last traded at $19.05, with a volume of 25661 shares changing hands. The stock had previously closed at $18.84.
Nitto Denko Stock Performance
The stock has a market capitalization of $13.53 billion, a price-to-earnings ratio of 16.13 and a beta of 0.89. The firm has a fifty day moving average of $17.11 and a 200-day moving average of $24.50.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The technology company reported $0.27 earnings per share (EPS) for the quarter. Nitto Denko had a return on equity of 12.60% and a net margin of 12.91%. On average, analysts predict that Nitto Denko Co. will post 1.23 EPS for the current year.
Nitto Denko Company Profile
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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.
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