Nissan Chemical (OTCMKTS:NNCHY) Stock Price Up 15.9% - What's Next?

Key Points

• Nissan Chemical's share price increased by 15.9% on Monday, reaching $35.25 after trading 801 shares, a notable rise from its previous close of $30.40.
• The company reported a net margin of 17.10% and a return on equity of 17.98%, with quarterly revenues totaling $501.97 million.
• Nissan Chemical maintains a solid financial standing with a debt-to-equity ratio of 0.05 and a current ratio of 2.66, indicating strong liquidity.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) shot up 15.9% during trading on Monday . The company traded as high as $35.25 and last traded at $35.25. 801 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 673 shares. The stock had previously closed at $30.40.

Nissan Chemical Trading Up 15.9%

The stock's fifty day moving average price is $31.20 and its 200 day moving average price is $30.49. 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 stock has a market capitalization of $4.82 billion and a P/E ratio of 17.11.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last posted 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%.

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.