Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Update

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 6 shares, a decline of 94.3% from the April 15th total of 105 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 433 shares, the short-interest ratio is presently 0.0 days.

Nissan Chemical Price Performance

Shares of NNCHY remained flat at $42.14 during mid-day trading on Monday. 79 shares of the stock traded hands, compared to its average volume of 216. The firm has a market capitalization of $5.68 billion, a PE ratio of 18.40 and a beta of -0.02. The firm’s fifty day simple moving average is $40.16 and its two-hundred day simple moving average is $37.64. The company has a current ratio of 2.72, a quick ratio of 1.62 and a debt-to-equity ratio of 0.04. Nissan Chemical has a 52 week low of $26.65 and a 52 week high of $49.63.

Nissan Chemical (OTCMKTS:NNCHY) last released its quarterly earnings data on Monday, February 9th. The company reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $424.19 million during the quarter. Nissan Chemical had a net margin of 17.07% and a return on equity of 19.08%.

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.