|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||62.30 - 62.30|
|52-week range||52.25 - 77.91|
|Beta (5Y monthly)||1.09|
|PE ratio (TTM)||11.87|
|Forward dividend & yield||1.88 (3.60%)|
|Ex-dividend date||30 Mar 2023|
|1y target est||N/A|
Shares in Nitto Denko (TYO:6988) are currently trading at ¥9,100 but a key question for investors is how much a prolonged spell of economic uncertainty will im...
OSAKA, Japan, June 01, 2022--Nitto Denko Corporation (headquarter: Osaka, Japan, President: Hideo Takasaki, hereafter Nitto) (TOKYO:6988) and Bend Labs, Inc. (US, Co-CEO: Jared Jonas, Colton Ottley, hereafter "Bend") have agreed on Nitto’s acquisition of Bend. Bend merges into the Nitto Group on June 1, 2022 and starts its business as Nitto Bend Technologies. Hereafter, they will combine Bend’s sensor device technologies with Nitto's strengths to develop next-generation technologies and products
Nitto Denko Corp. (NDEKY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).