Nippon Paint (OTCMKTS:NPCPF) Shares Gap Down – Should You Sell?

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) gapped down before the market opened on Tuesday . The stock had previously closed at $6.60, but opened at $6.03. Nippon Paint shares last traded at $6.00, with a volume of 45,765 shares.

Nippon Paint Stock Performance

The firm has a market cap of $13.97 billion, a price-to-earnings ratio of 11.54 and a beta of 0.09. The company has a current ratio of 2.16, a quick ratio of 1.78 and a debt-to-equity ratio of 0.71. The stock’s 50 day moving average is $6.56 and its 200 day moving average is $4.88.

Nippon Paint (OTCMKTS:NPCPF) last posted its earnings results on Friday, February 13th. The company reported $0.13 earnings per share for the quarter. Nippon Paint had a return on equity of 11.09% and a net margin of 10.23%.The company had revenue of $2.96 billion during the quarter.

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.