Nitto Denko (OTCMKTS:NDEKY - Get Free Report) updated its FY 2024 earnings guidance on Monday. The company provided EPS guidance of 1.240-1.240 for the period. The company issued revenue guidance of $6.6 billion-$6.6 billion.
Nitto Denko Stock Performance
Shares of Nitto Denko stock traded up $0.59 during trading on Monday, reaching $16.36. The company's stock had a trading volume of 24,285 shares, compared to its average volume of 19,987. The business's fifty day moving average price is $32.24 and its 200-day moving average price is $37.71. The firm has a market cap of $11.56 billion, a price-to-earnings ratio of 13.50 and a beta of 0.92. Nitto Denko has a one year low of $12.80 and a one year high of $19.43.
Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last issued its quarterly earnings results on Friday, July 26th. The technology company reported $0.83 earnings per share (EPS) for the quarter. Nitto Denko had a return on equity of 12.60% and a net margin of 12.91%. The firm had revenue of $1.60 billion for the quarter.
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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