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

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

Nissan Chemical Price Performance

Nissan Chemical stock remained flat at $42.14 during trading hours on Monday. 79 shares of the company’s stock traded hands, compared to its average volume of 216. Nissan Chemical has a 1 year low of $26.65 and a 1 year high of $49.63. The company has a quick ratio of 1.62, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.68 billion, a price-to-earnings ratio of 18.40 and a beta of -0.02. The company’s fifty day moving average is $40.16 and its two-hundred day moving average is $37.64.

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

About Nissan Chemical

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.