Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up – Time to Buy?

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) gapped up before the market opened on Monday . The stock had previously closed at $32.58, but opened at $35.4260. Nissan Chemical shares last traded at $35.4260, with a volume of 390 shares.

Nissan Chemical Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.82 and a current ratio of 3.05. The stock has a market cap of $4.81 billion, a PE ratio of 15.82 and a beta of -0.19. The firm has a fifty day moving average price of $34.21 and a 200 day moving average price of $34.17.

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