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Nissan Chemical (OTCMKTS:NNCHY) Shares Up 14.5% - Time to Buy?

Nissan Chemical logo with Basic Materials background

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) shares were up 14.5% during trading on Monday . The company traded as high as $32.29 and last traded at $32.29. Approximately 197 shares changed hands during trading, a decline of 82% from the average daily volume of 1,076 shares. The stock had previously closed at $28.21.

Nissan Chemical Trading Down 5.6%

The company has a quick ratio of 1.64, a current ratio of 2.66 and a debt-to-equity ratio of 0.05. The firm has a market cap of $4.19 billion and a price-to-earnings ratio of 14.88. The business has a 50 day moving average of $30.64 and a 200 day moving average of $30.32.

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

About Nissan Chemical

(Get Free Report)

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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