Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Up – What’s Next?

Shares of Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) gapped up prior to trading on Tuesday . The stock had previously closed at $43.4950, but opened at $48.86. Nissan Chemical shares last traded at $48.86, with a volume of 180 shares traded.

Nissan Chemical Price Performance

The company has a current ratio of 2.72, a quick ratio of 1.62 and a debt-to-equity ratio of 0.04. The stock’s 50-day simple moving average is $42.14 and its 200-day simple moving average is $38.63. The firm has a market capitalization of $6.59 billion, a P/E ratio of 19.70 and a beta of -0.02.

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.