Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up – Should You Buy?

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) gapped up prior to trading on Monday . The stock had previously closed at $32.58, but opened at $35.4260. Nissan Chemical shares last traded at $35.4260, with a volume of 390 shares trading hands.

Nissan Chemical Stock Performance

The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of 15.82 and a beta of -0.19. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.82 and a current ratio of 3.05. The stock’s fifty day moving average is $34.21 and its two-hundred day moving average is $34.09.

Nissan Chemical (OTCMKTS:NNCHY) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.45 earnings per share for the quarter. Nissan Chemical had a net margin of 17.25% and a return on equity of 19.00%. The company had revenue of $408.41 million during the quarter.

Nissan Chemical Company Profile

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.