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

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $31.08, but opened at $33.23. Nissan Chemical shares last traded at $33.23, with a volume of 205 shares.

Nissan Chemical Stock Up 6.9%

The company's fifty day moving average is $30.66 and its 200-day moving average is $30.28. The company has a market capitalization of $4.55 billion and a PE ratio of 16.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.64 and a current ratio of 2.66.

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

About Nissan Chemical

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.