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Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up - Still a Buy?

Nissan Chemical logo with Basic Materials background

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) shares gapped up before the market opened 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.

Nissan Chemical Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 2.66 and a quick ratio of 1.64. The firm has a market capitalization of $4.63 billion and a PE ratio of 16.45. The company has a 50-day moving average price of $30.65 and a 200-day moving average price of $30.35.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.51 earnings per share 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%.

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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