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