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

Nissan Chemical logo with Basic Materials background

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $31.30, but opened at $32.92. Nissan Chemical shares last traded at $32.92, with a volume of 116 shares traded.

Nissan Chemical Price Performance

The firm has a market cap of $4.50 billion, a price-to-earnings ratio of 15.98 and a beta of 0.01. The company's fifty day moving average is $30.38 and its 200 day moving average is $30.25. 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 issued its quarterly earnings results on Thursday, May 15th. The company reported $0.51 EPS for the quarter. The firm had revenue of $501.97 million for the quarter. Nissan Chemical had a net margin of 17.10% and a return on equity of 17.98%.

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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