Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY – Get Free Report) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 23 shares, a decline of 77.5% from the July 15th total of 102 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 238 shares, the short-interest ratio is currently 0.1 days.
Nissan Chemical Price Performance
OTCMKTS NNCHY traded up $3.74 during trading on Thursday, hitting $48.70. 130 shares of the stock traded hands, compared to its average volume of 550. The company has a market capitalization of $6.57 billion, a P/E ratio of 19.64 and a beta of 0.03. The firm has a 50-day simple moving average of $47.50 and a 200-day simple moving average of $43.78. The company has a quick ratio of 1.86, a current ratio of 2.84 and a debt-to-equity ratio of 0.04. Nissan Chemical has a 12-month low of $31.68 and a 12-month high of $54.53.
About Nissan Chemical
Nissan Chemical Corporation, traded over the counter in the U.S. under the ticker OTCMKTS:NNCHY, is a Japanese specialty chemical company with roots dating back to the late 19th century. Originating in 1887 as Tsurumi Chemical Works, the company was established by Jokichi Takamine following his isolation of adrenaline. Over the decades, Nissan Chemical has evolved into a diversified group that leverages its long-standing expertise in organic chemistry and materials science.
The company operates through multiple business segments, including performance materials, life science products and agrochemicals.
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