Nitto Denko Co. (OTCMKTS:NDEKY – Get Free Report) shot up 0.5% during trading on Monday . The stock traded as high as $16.32 and last traded at $15.82. 40,186 shares traded hands during trading, an increase of 9% from the average session volume of 36,706 shares. The stock had previously closed at $15.74.
Nitto Denko Price Performance
The firm has a market cap of $11.13 billion, a P/E ratio of 13.48 and a beta of 0.93. The stock’s 50-day simple moving average is $23.77 and its two-hundred day simple moving average is $34.22.
About Nitto Denko
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.
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