Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up – Here’s Why

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $32.21, but opened at $34.09. Nissan Chemical shares last traded at $34.09, with a volume of 329 shares changing hands.

Nissan Chemical Trading Up 3.8%

The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 15.01 and a beta of -0.05. The company has a quick ratio of 1.63, a current ratio of 2.58 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average of $35.74 and a 200 day moving average of $33.83.

Nissan Chemical (OTCMKTS:NNCHY) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.45 earnings per share (EPS) for the quarter. Nissan Chemical had a net margin of 17.25% and a return on equity of 19.23%. The business had revenue of $408.41 million for the quarter.

Nissan Chemical Company Profile

Nissan Chemical Corporation engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally. The company provides high purity chemicals; AdBlue, an urea solution; ammonia, sulfuric, and nitric acid, as well as concrete and civil engineering-related products; TEPIC, an epoxy compound; Melamine Cyanurate, a salt of melamine and iso cyanuric acid; TEPIC-VL, a liquid epoxy compound; TEPIC-FL, a liquid epoxy material; FOLDI-E101, an epoxy reactive diluent; Ecopromote, a nucleating agents for PLA; Nissan Reishi, a health food; phenylphosphonic acid; HI-LITE, a chlorinated isocyanulate; OPTBEADS, a melamine-formaldehyde resin and silica; and FINEOXOCOL, a saturated fatty alcohol and acid.