Nissan Chemical (OTCMKTS:NNCHY) Stock Price Down 13.3% - Here's What Happened

Key Points

• The stock price of Nissan Chemical dropped by 13.3% during trading on Monday, closing at $32.76.
• The company reported $0.71 earnings per share and $483.65 million in revenue for the last quarter, with a return on equity of 18.88%.
• Nissan Chemical has a market cap of $4.48 billion and maintains a low debt-to-equity ratio of 0.05, indicating strong financial stability.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report)'s share price fell 13.3% during trading on Monday . The company traded as low as $32.76 and last traded at $32.76. 123 shares were traded during trading, a decline of 86% from the average session volume of 888 shares. The stock had previously closed at $37.80.

Nissan Chemical Stock Down 13.3%

The company has a quick ratio of 1.63, a current ratio of 2.58 and a debt-to-equity ratio of 0.05. The firm has a market cap of $4.48 billion, a P/E ratio of 14.69 and a beta of -0.02. The business has a fifty day moving average of $36.67 and a 200 day moving average of $32.81.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.71 earnings per share (EPS) for the quarter. The company had revenue of $483.65 million during the quarter. Nissan Chemical had a return on equity of 18.88% and a net margin of 17.30%.

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.

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