Nissan Chemical (OTCMKTS:NNCHY) Hits New 12-Month High - Still a Buy?

Key Points

• Nissan Chemical Corporation reached a new 52-week high of $39.57, with trading volume of 181 shares.
• The company reported quarterly earnings of $0.71 EPS and revenues of $483.65 million, indicating a strong financial performance.
• Nissan Chemical maintains a low debt-to-equity ratio of 0.05 and strong liquidity ratios, showcasing good financial health.

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $39.57 and last traded at $39.57, with a volume of 181 shares trading hands. The stock had previously closed at $38.47.

Nissan Chemical Stock Down 4.3%

The business's 50 day moving average is $33.36 and its 200 day moving average is $31.02. The company has a quick ratio of 1.64, a current ratio of 2.66 and a debt-to-equity ratio of 0.05. The company has a market cap of $5.18 billion, a P/E ratio of 16.98 and a beta of -0.09.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last announced its earnings results on Friday, August 8th. The company reported $0.71 earnings per share (EPS) for the quarter. Nissan Chemical had a return on equity of 19.14% and a net margin of 17.30%.The business had revenue of $483.65 million for the quarter.

About Nissan Chemical

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.