Nippon Paint (OTCMKTS:NPCPF) Trading Down 45.6% – Time to Sell?

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) shares were down 45.6% during trading on Thursday . The stock traded as low as $3.3350 and last traded at $3.3350. Approximately 53 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 2,381 shares. The stock had previously closed at $6.13.

Nippon Paint Price Performance

The stock has a fifty day simple moving average of $3.85 and a 200-day simple moving average of $3.91. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.77 and a current ratio of 0.94.

Nippon Paint (OTCMKTS:NPCPF) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.14 earnings per share for the quarter. Nippon Paint had a return on equity of 10.44% and a net margin of 9.46%.The company had revenue of $3.16 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.