Nippon Paint (OTCMKTS:NPCPF) Shares Gap Up – Should You Buy?

Shares of Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) gapped up prior to trading on Monday . The stock had previously closed at $6.00, but opened at $7.0520. Nippon Paint shares last traded at $7.0520, with a volume of 100 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Nippon Paint to a “hold” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Nippon Paint Trading Up 17.5%

The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 0.63. The stock has a market cap of $16.42 billion, a P/E ratio of 12.59 and a beta of 0.06. The business’s fifty day simple moving average is $6.33 and its 200 day simple moving average is $5.39.

Nippon Paint (OTCMKTS:NPCPF) last announced its earnings results on Friday, May 15th. The company reported $0.14 earnings per share for the quarter. Nippon Paint had a net margin of 10.53% and a return on equity of 11.27%. The company had revenue of $3.13 billion during the quarter. As a group, analysts expect that Nippon Paint Holdings Co., Ltd. will post 0.55 EPS for the current year.

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.