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

Nissan Chemical logo with Basic Materials background

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $26.65, but opened at $31.85. Nissan Chemical shares last traded at $31.85, with a volume of 251 shares traded.

Nissan Chemical Stock Performance

The company has a current ratio of 2.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.05. The firm's fifty day moving average price is $29.79 and its two-hundred day moving average price is $30.30. The stock has a market capitalization of $4.36 billion, a PE ratio of 16.01 and a beta of 0.01.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.51 EPS for the quarter. Nissan Chemical had a net margin of 17.10% and a return on equity of 17.98%. The company had revenue of $501.97 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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