Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down – Time to Sell?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $35.4260, but opened at $34.14. Nissan Chemical shares last traded at $34.14, with a volume of 282 shares.

Nissan Chemical Price Performance

The firm has a fifty day moving average price of $34.15 and a two-hundred day moving average price of $34.30. The company has a quick ratio of 1.82, a current ratio of 3.05 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $4.85 billion, a P/E ratio of 15.93 and a beta of -0.19.

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

Nissan Chemical Company Profile

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.