Nissan Chemical (OTCMKTS:NNCHY) Shares Gap Down – Time to Sell?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $57.30, but opened at $51.13. Nissan Chemical shares last traded at $51.13, with a volume of 146 shares traded.

Nissan Chemical Trading Down 10.8%

The firm’s 50-day moving average is $49.09 and its 200-day moving average is $46.19. The company has a current ratio of 2.96, a quick ratio of 1.92 and a debt-to-equity ratio of 0.08. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 19.97 and a beta of 0.02.

About Nissan Chemical

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Nissan Chemical Corporation is a Japan-based chemical manufacturer that develops, produces and markets materials and products for industrial, agricultural and healthcare applications. The company’s operations include performance materials, agricultural chemicals, basic and specialty chemicals, and pharmaceutical-related products.

Its performance materials portfolio serves industries such as semiconductors and display manufacturing, while its agricultural chemicals business supplies crop-protection products, including herbicides, fungicides and insecticides.

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