Nitto Denko traded at 3,396.00 this Friday February 6th, decreasing 94.00 or 2.69 percent since the previous trading session. Looking back, over the last four weeks, Nitto Denko lost 8.12 percent. Over the last 12 months, its price rose by 16.46 percent. Looking ahead, we forecast Nitto Denko to be priced at 3,287.93 by the end of this quarter and at 2,906.23 in one year, according to Trading Economics global macro models projections and analysts expectations.
NITTO DENKO CORPORATION is a Japan-based company mainly engaged in the industrial tape business, the optronics business and the life science business. The Company operates in three business segments. The Industrial Tapes segment is engaged in the manufacture and sale of basic functional materials such as bonding materials and protective materials, as well as automotive materials. The Optronics segment is engaged in the manufacture and sale of information functional materials, printed circuits and process materials. The Life Science segment is engaged in the manufacture and sale of medical related materials. The Company is also engaged in the manufacture and sale of polymer separation membranes and other products.