Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down – Here’s What Happened

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $51.02, but opened at $47.33. Nissan Chemical shares last traded at $47.33, with a volume of 249 shares trading hands.

Nissan Chemical Trading Down 1.0%

The business’s 50-day moving average is $48.00 and its two-hundred day moving average is $42.43. 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 stock has a market capitalization of $6.57 billion, a PE ratio of 19.67 and a beta of 0.01.

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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