Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down - Time to Sell?

Key Points

• Nissan Chemical Corporation's shares experienced a significant gap down, opening at $37.70 after a previous close of $39.50.
• The company reported a net margin of 17.30% and a return on equity of 18.88%, with quarterly revenue reaching $483.65 million.
• Nissan Chemical has a market capitalization of $5.16 billion and a PE ratio of 16.91, indicating its financial standing in the market.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $39.50, but opened at $37.70. Nissan Chemical shares last traded at $37.70, with a volume of 281 shares traded.

Nissan Chemical Stock Performance

The firm's 50-day moving average price is $35.05 and its two-hundred day moving average price is $31.85. The company has a quick ratio of 1.63, a current ratio of 2.58 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $5.16 billion, a PE ratio of 16.91 and a beta of -0.08.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.71 EPS for the quarter. Nissan Chemical had a net margin of 17.30% and a return on equity of 18.88%. The firm had revenue of $483.65 million during the quarter.

Nissan Chemical Company Profile

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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