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Zacks Investment Research issued a report on NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY), hiking its price target to $37.00 earlier today

Zacks Investment Research bumped up the target price of NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY) to $37.00 reporting a potential upside of 0.13%.

Just yesterday NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV) (NASDAQ:NDEKY) traded -0.39% lower at $32.79. NITTO DENKO CORP ADR(CNV INTO 0.5 ORD NPV)’s 50-day moving average is $32.83 and its 200-day moving average is $31.54. The last closing price is up 3.96% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,939 shares of NDEKY traded hands, down from an average trading volume of 2,740

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 52 week low of $23.21 and a 52 week high of $37.33 with a PE ratio of 16.01 and has a market capitalization of $0.

Brief Synopsis On 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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