NISSAN CHEM IND/ADR (OTCMKTS:NNCHY) Stock Rating Upgraded by Zacks Investment Research

NISSAN CHEM IND/ADR (OTCMKTS:NNCHY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, reports.

According to Zacks, “Nissan Chemical Corporation is a chemical manufacturing company. It offers melamine, sulfuric acid, nitric acid and ammonia; fine chemicals, including special epoxy, flame retardant and disinfectant. Nissan Chemical Corporation, formerly known as Nissan Chemical Industries Ltd., is based in Tokyo, Japan. “

NNCHY opened at $45.19 on Thursday. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 25.39, a price-to-earnings-growth ratio of 2.26 and a beta of 0.53. NISSAN CHEM IND/ADR has a 52 week low of $41.85 and a 52 week high of $54.81. The stock’s 50 day moving average price is $43.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.90 and a current ratio of 3.10.

NISSAN CHEM IND/ADR (OTCMKTS:NNCHY) last announced its earnings results on Wednesday, May 15th. The company reported $0.64 earnings per share for the quarter. The company had revenue of $572.13 million during the quarter. On average, sell-side analysts predict that NISSAN CHEM IND/ADR will post 2 earnings per share for the current fiscal year.


Nissan Chemical Corporation engages in chemicals, performance materials, agricultural chemicals, pharmaceuticals, and advanced materials and planning businesses in Japan and internationally. Its chemical products include MELAMINE, an adhesive agent; high purity chemicals; AdBlue, a urea solution; FINEOXOCOL, a saturated fatty alcohol and acid; ammonia, sulfuric, and nitric acid; TEPIC, an epoxy compound; Melamine Cyanurate, a flame retardant; Nissan Reishi, a health food; phenylphosphonic acid, a surface modifier; HI-LITE, a chlorinated isocyanulate; and OPTBEADS, a melamine-formaldehyde resin and silica.

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