Nissan Chemical (OTCMKTS:NNCHY) Shares Down 1% – Here’s Why

Shares of Nissan Chemical Co. (OTCMKTS:NNCHY) traded down 1% during trading on Friday . The company traded as low as $35.85 and last traded at $35.85. 399 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 973 shares. The stock had previously closed at $36.23.

Nissan Chemical Price Performance

The stock has a market cap of $4.94 billion, a P/E ratio of 20.03 and a beta of 0.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.31 and a quick ratio of 1.40. The business’s fifty day moving average price is $34.38 and its 200 day moving average price is $32.77.

Nissan Chemical (OTCMKTS:NNCHY) last released its quarterly earnings data on Friday, August 9th. The company reported $0.54 earnings per share (EPS) for the quarter. Nissan Chemical had a return on equity of 16.27% and a net margin of 16.17%. The company had revenue of $376.47 million during the quarter.

About Nissan Chemical

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.