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NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Having a price of $41.04, NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY) traded -0.57% lower on the day. With the last stock price down 0.87% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. NDEKY has recorded a 50-day average of $42.98 and a two hundred day average of $41.74. Trade Volume was down over the average, with 0 shares of NDEKY changing hands under the typical 3,523

Zacks Investment Research has downgraded NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY) to Sell in a statement released on Thursday June 08, 2017.

Recent Performance Chart

NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY)

NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) has PE ratio of 19.24 with a one year low of $32.74 and a one year high of $47.62 and has a market capitalization of $0.

General Company Details For NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY)

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. It provides double sided tapes, surface protective films, sealing materials/NVH related products, 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. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction, as well as packaging machines. In addition, it provides medical products, including transdermal drug delivery patches, medical surgical products/supportive items, athletic tapes, medical surgical products/adhesive plasters sheets, adhesive tapes, and particles for nucleic acid synthesis. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was founded in 1918 and is headquartered in Osaka, Japan.

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