Nissan Chemical (OTCMKTS:NNCHY) Trading Down 7.1% - Should You Sell?

Key Points

• Nissan Chemical's stock declined by 7.1% during trading, reaching a low of $35.49; this represents a significant drop from a previous close of $38.19.
• The company's recent quarterly earnings reported an EPS of $0.71 and a net margin of 17.30%, showcasing their profitability in a challenging market.
• Nissan Chemical has a market cap of $4.86 billion and maintains a low debt-to-equity ratio of 0.05, indicating strong financial health relative to its equity.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) was down 7.1% during trading on Friday . The stock traded as low as $35.49 and last traded at $35.49. Approximately 137 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 912 shares. The stock had previously closed at $38.19.

Nissan Chemical Price Performance

The company's fifty day moving average is $36.58 and its 200 day moving average is $32.55. 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 stock has a market cap of $4.86 billion, a PE ratio of 15.91 and a beta of -0.02.

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

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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