Nippon Paint (OTCMKTS:NPCPF) Reaches New 52-Week Low – Time to Sell?

Shares of Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) hit a new 52-week low on Wednesday . The stock traded as low as $3.94 and last traded at $3.94, with a volume of 150 shares traded. The stock had previously closed at $3.49.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Nippon Paint to a “hold” rating in a research note on Friday, August 16th.

Nippon Paint Stock Up 12.9 %

The company has a market capitalization of $9.25 billion, a price-to-earnings ratio of 9.97 and a beta of 0.84. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.83. The business’s 50 day moving average is $3.70 and its 200 day moving average is $3.62.

About Nippon Paint

Nippon Paint Holdings Co, Ltd. engages in the paints and fine chemicals businesses. The company offers automotive coatings, including paints for the automotive body, including surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; trade-use paints for construction sites, including single-family detached homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior construction materials, office equipment, and electric home appliances.