Nissan Chemical (OTCMKTS:NNCHY) Shares Up 10.1% – Should You Buy?

Nissan Chemical Co. (OTCMKTS:NNCHY) shares traded up 10.1% during trading on Thursday . The company traded as high as $33.57 and last traded at $31.61. 2,676 shares traded hands during trading, an increase of 117% from the average session volume of 1,232 shares. The stock had previously closed at $28.71.

Nissan Chemical Trading Up 10.1 %

The company’s 50 day simple moving average is $32.97 and its two-hundred day simple moving average is $32.86. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 16.90 and a beta of 0.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.70 and a current ratio of 2.97.

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.