Nissan Chemical (OTCMKTS:NNCHY) Trading Down 6.5% - Time to Sell?

Key Points

• Nissan Chemical ADR fell 6.5% intraday to $38.76, with only ~290 shares traded—about 50% below its average daily volume and down from a prior close of $41.46.
• Analyst downgrade: Citigroup cut the stock from Buy to Neutral, and MarketBeat shows a consensus rating of Hold.
• Fundamentals: Market cap ~$5.22B and P/E ~16.9, latest quarter EPS $0.59 on $424.2M revenue, low debt-to-equity (0.04) with healthy net margin (17.1%) and ROE (19.1%); the 50-day SMA ($40.83) sits above the current price while the 200-day SMA ($37.01) is below.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) was down 6.5% during mid-day trading on Tuesday . The company traded as low as $38.7575 and last traded at $38.7575. Approximately 290 shares were traded during trading, a decline of 50% from the average daily volume of 580 shares. The stock had previously closed at $41.46.

Analyst Ratings Changes

Separately, Citigroup cut shares of Nissan Chemical from a "buy" rating to a "neutral" rating in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Nissan Chemical currently has a consensus rating of "Hold".

Nissan Chemical Stock Down 6.5%

The company has a market cap of $5.22 billion, a PE ratio of 16.92 and a beta of -0.13. The business's fifty day simple moving average is $40.83 and its two-hundred day simple moving average is $37.01. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.62.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last released its earnings results on Monday, February 9th. The company reported $0.59 EPS for the quarter. The business had revenue of $424.19 million during the quarter. Nissan Chemical had a net margin of 17.07% and a return on equity of 19.08%.

About Nissan Chemical

Nissan Chemical Corporation, traded over the counter in the U.S. under the ticker OTCMKTS:NNCHY, is a Japanese specialty chemical company with roots dating back to the late 19th century. Originating in 1887 as Tsurumi Chemical Works, the company was established by Jokichi Takamine following his isolation of adrenaline. Over the decades, Nissan Chemical has evolved into a diversified group that leverages its long-standing expertise in organic chemistry and materials science.

The company operates through multiple business segments, including performance materials, life science products and agrochemicals.

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