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Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up - Here's What Happened

Nissan Chemical logo with Basic Materials background

Key Points

  • Nissan Chemical's stock gapped up from a previous close of $33.63 to open at $37.99 on Monday, with a trading volume of 325 shares.
  • The company reported $0.71 EPS for the recent quarter, with a revenue of $483.65 million and a return on equity of 19.14%.
  • Nissan Chemical has a market capitalization of $5.20 billion and a strong financial position indicated by a low debt-to-equity ratio of 0.05.
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Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $33.63, but opened at $37.99. Nissan Chemical shares last traded at $37.99, with a volume of 325 shares trading hands.

Nissan Chemical Price Performance

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 stock has a market capitalization of $5.20 billion, a P/E ratio of 17.03 and a beta of -0.09. The firm has a fifty day moving average price of $31.84 and a two-hundred day moving average price of $30.64.

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

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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