Nissan Chemical Co. (OTCMKTS:NNCHY - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 2,100 shares, an increase of 75.0% from the April 30th total of 1,200 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 0.9 days.
Nissan Chemical Trading Up 9.0%
Shares of OTCMKTS:NNCHY traded up $2.42 on Wednesday, reaching $29.33. 521 shares of the company traded hands, compared to its average volume of 1,191. The stock has a market capitalization of $4.01 billion, a P/E ratio of 13.96 and a beta of -0.02. The business's 50-day simple moving average is $29.90 and its 200 day simple moving average is $30.70. The company has a current ratio of 2.43, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05. Nissan Chemical has a 52 week low of $24.00 and a 52 week high of $39.54.
Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.51 earnings per share (EPS) for the quarter. The business had revenue of $501.97 million for the quarter. Nissan Chemical had a return on equity of 18.80% and a net margin of 17.75%.
About Nissan Chemical
(
Get Free Report)
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.
Further Reading
Before you consider Nissan Chemical, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nissan Chemical wasn't on the list.
While Nissan Chemical currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
