Nissan Chemical (OTCMKTS:NNCHY) Shares Down 10.7% – What’s Next?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHYGet Free Report)’s stock price was down 10.7% during mid-day trading on Thursday . The stock traded as low as $43.6550 and last traded at $43.6550. Approximately 200 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 548 shares. The stock had previously closed at $48.86.

Nissan Chemical Price Performance

The firm has a market capitalization of $5.88 billion, a P/E ratio of 17.60 and a beta of 0.02. The firm has a 50 day moving average price of $43.93 and a 200-day moving average price of $39.62. The company has a current ratio of 2.72, a quick ratio of 1.62 and a debt-to-equity ratio of 0.04.

About Nissan Chemical

(Get Free Report)

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.

Further Reading

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