Nitto Denko (OTCMKTS:NDEKY) Updates FY 2024 Earnings Guidance

Nitto Denko (OTCMKTS:NDEKY) updated its FY 2024 earnings guidance on Monday. The company provided EPS guidance of 1.260-1.260 for the period. The company issued revenue guidance of $6.6 billion-$6.6 billion.

Nitto Denko Stock Up 1.1 %

Shares of OTCMKTS:NDEKY opened at $17.91 on Monday. Nitto Denko has a twelve month low of $12.80 and a twelve month high of $19.43. The firm has a market capitalization of $12.66 billion, a PE ratio of 15.33 and a beta of 0.89. The company has a 50-day moving average price of $16.48 and a two-hundred day moving average price of $26.56.

Nitto Denko Company Profile

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.