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Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up - Should You Buy?

Nissan Chemical logo with Basic Materials background

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $32.49, but opened at $34.01. Nissan Chemical shares last traded at $34.01, with a volume of 158 shares changing hands.

Nissan Chemical Price Performance

The stock has a market capitalization of $4.19 billion and a price-to-earnings ratio of 14.88. The company has a 50 day moving average of $30.66 and a 200 day moving average of $30.31. The company has a quick ratio of 1.64, a current ratio of 2.66 and a debt-to-equity ratio of 0.05.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.51 EPS for the quarter. The firm 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.

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