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Nissan Chemical (OTCMKTS:NNCHY) Sets New 52-Week High - Still a Buy?

Nissan Chemical logo with Basic Materials background

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

Nissan Chemical Stock Performance

The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 17.74 and a beta of -0.09. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.64 and a current ratio of 2.66. The business has a fifty day moving average price of $33.14 and a 200 day moving average price of $30.97.

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

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.

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