Nissan Chemical (OTCMKTS:NNCHY) Sets New 52-Week High – Still a Buy?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY – Get Free Report)’s stock price reached a new 52-week high on Wednesday. The stock traded as high as $58.2620 and last traded at $58.2620, with a volume of 199 shares changing hands. The stock had previously closed at $51.13.

Nissan Chemical Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.92 and a current ratio of 2.96. The firm has a market cap of $7.95 billion, a PE ratio of 23.03 and a beta of 0.02. The stock’s 50 day simple moving average is $50.21 and its 200 day simple moving average is $46.96.

Nissan Chemical Company Profile

(Get Free Report)

Nissan Chemical Corporation is a Japan-based chemical manufacturer that develops, produces and markets materials and products for industrial, agricultural and healthcare applications. The company’s operations include performance materials, agricultural chemicals, basic and specialty chemicals, and pharmaceutical-related products.

Its performance materials portfolio serves industries such as semiconductors and display manufacturing, while its agricultural chemicals business supplies crop-protection products, including herbicides, fungicides and insecticides.

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