Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down – Time to Sell?
by Renee Jackson · The Cerbat GemNissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $46.95, but opened at $43.4950. Nissan Chemical shares last traded at $43.4950, with a volume of 906 shares changing hands.
Nissan Chemical Price Performance
The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.62 and a current ratio of 2.72. The stock has a market capitalization of $5.86 billion, a P/E ratio of 17.54 and a beta of -0.02. The firm has a 50-day moving average price of $41.39 and a 200 day moving average price of $38.22.
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.