Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down – Should You Sell?

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $57.30, but opened at $51.13. Nissan Chemical shares last traded at $51.13, with a volume of 146 shares traded.

Nissan Chemical Price Performance

The company has a current ratio of 2.96, a quick ratio of 1.92 and a debt-to-equity ratio of 0.08. The business has a fifty day moving average of $49.22 and a two-hundred day moving average of $46.37. The company has a market cap of $6.89 billion, a price-to-earnings ratio of 19.97 and a beta of 0.02.

Nissan Chemical Company Profile

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Nissan Chemical Corporation is a Japan-based chemical manufacturer that develops, produces and markets materials and products for industrial, agricultural and healthcare applications. The company’s operations include performance materials, agricultural chemicals, basic and specialty chemicals, and pharmaceutical-related products.

Its performance materials portfolio serves industries such as semiconductors and display manufacturing, while its agricultural chemicals business supplies crop-protection products, including herbicides, fungicides and insecticides.

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