Nissan Chemical (OTCMKTS:NNCHY) Posts Quarterly Earnings Results

Key Points

• Nissan Chemical reported earnings of $0.71 per share for the quarter, with a net margin of 17.10% and a return on equity of 17.98%.
• The company's stock traded down to $33.63 with a market capitalization of $4.60 billion and a price-to-earnings ratio of 16.33.
• Nissan Chemical engages in the production of various chemicals and performance materials, including agricultural chemicals and pharmaceuticals, serving both domestic and international markets.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) issued its earnings results on Friday. The company reported $0.71 earnings per share for the quarter, Zacks reports. Nissan Chemical had a net margin of 17.10% and a return on equity of 17.98%.

Nissan Chemical Stock Performance

OTCMKTS:NNCHY traded down $1.33 during mid-day trading on Friday, reaching $33.63. The stock had a trading volume of 285 shares, compared to its average volume of 1,039. 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 50 day simple moving average of $31.80 and a 200 day simple moving average of $30.61. Nissan Chemical has a twelve month low of $24.00 and a twelve month high of $39.54. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 16.33 and a beta of -0.09.

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.

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