Nissan Chemical (OTCMKTS:NNCHY) Trading Up 9.6% – What’s Next?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) rose 9.6% during mid-day trading on Wednesday . The company traded as high as $35.34 and last traded at $35.34. Approximately 513 shares were traded during trading, a decline of 37% from the average daily volume of 820 shares. The stock had previously closed at $32.25.

Nissan Chemical Trading Up 9.6%

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 company has a market capitalization of $4.80 billion, a P/E ratio of 15.78 and a beta of -0.19. The firm’s 50-day moving average price is $34.87 and its 200 day moving average price is $33.89.

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

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.