Nissan Chemical (OTCMKTS:NNCHY) Sets New 52-Week High – Here’s What Happened

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHYGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $57.30 and last traded at $57.30, with a volume of 404 shares changing hands. The stock had previously closed at $50.2560.

Nissan Chemical Stock Performance

The stock has a fifty day moving average of $48.24 and a 200-day moving average of $45.52. The company has a quick ratio of 1.86, a current ratio of 2.96 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.72 billion, a PE ratio of 22.38 and a beta of 0.02.

About Nissan Chemical

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Nissan Chemical Corporation is a Japan-based chemical company that develops and manufactures products for agricultural, industrial and advanced technology markets. The company traces its origins to 1887 and is headquartered in Tokyo. It was formerly known as Nissan Chemical Industries, Ltd.

The company’s principal businesses include agricultural chemicals, basic and specialty chemicals, and performance materials. Its product portfolio serves applications such as crop protection, semiconductor manufacturing, display technologies, optical materials and other high-performance industrial uses.

Nissan Chemical also conducts pharmaceutical-related research and development and supplies materials used in a range of specialized applications.

Further Reading

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