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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) gapped down before the market opened on Thursday . The stock had previously closed at $34.76, but opened at $30.40. Nissan Chemical shares last traded at $30.40, with a volume of 245 shares.

Nissan Chemical Stock Performance

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 50-day moving average price of $30.89 and a 200-day moving average price of $30.36. The firm has a market capitalization of $4.82 billion and a price-to-earnings ratio of 17.11.

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

Nissan Chemical Company Profile

(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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