Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up – Still a Buy?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $44.97, but opened at $51.10. Nissan Chemical shares last traded at $51.10, with a volume of 124 shares traded.

Nissan Chemical Trading Up 13.6%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.86 and a current ratio of 2.84. The firm has a market cap of $6.89 billion, a PE ratio of 20.60 and a beta of 0.01. The stock has a 50-day simple moving average of $48.06 and a two-hundred day simple moving average of $42.51.

About Nissan Chemical

(Get Free Report)

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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