Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down – Should You Sell?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $35.4260, but opened at $34.14. Nissan Chemical shares last traded at $34.14, with a volume of 282 shares changing hands.

Nissan Chemical Trading Down 0.1%

The company has a debt-to-equity ratio of 0.04, a current ratio of 3.05 and a quick ratio of 1.82. The firm has a market capitalization of $4.71 billion, a PE ratio of 15.50 and a beta of -0.19. The stock’s 50-day moving average price is $34.29 and its 200 day moving average price is $34.37.

Nissan Chemical (OTCMKTS:NNCHY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.45 EPS for the quarter. The company had revenue of $408.41 million for the quarter. Nissan Chemical had a return on equity of 19.00% and a net margin of 17.25%.

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.