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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.
  • Five stocks to consider instead of Nissan Chemical.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report)'s share price gapped up prior to trading 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 changing hands.

Nissan Chemical Stock Performance

The stock's 50-day simple moving average is $32.72 and its 200-day simple moving average is $30.89. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 17.74 and a beta of -0.09. The company has a current ratio of 2.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.05.

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

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