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Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down - Should You Sell?

Nissan Chemical logo with Basic Materials background

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $31.85, but opened at $26.81. Nissan Chemical shares last traded at $31.30, with a volume of 909 shares traded.

Nissan Chemical Trading Down 1.7%

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 firm's fifty day simple moving average is $30.00 and its 200-day simple moving average is $30.28. The stock has a market cap of $4.28 billion, a P/E ratio of 15.19 and a beta of 0.01.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.51 earnings per share (EPS) for the quarter. Nissan Chemical had a net margin of 17.10% and a return on equity of 17.98%. The firm had revenue of $501.97 million during the quarter.

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

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