Nissan Chemical (OTCMKTS:NNCHY) Trading Down 12% – Should You Sell?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHYGet Free Report) was down 12% on Thursday . The stock traded as low as $44.96 and last traded at $44.96. 613 shares were traded during trading, an increase of 10% from the average daily volume of 558 shares. The stock had previously closed at $51.10.

Nissan Chemical Price Performance

The company has a current ratio of 2.84, a quick ratio of 1.86 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $48.22 and a 200-day simple moving average of $42.74. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 18.13 and a beta of 0.01.

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.

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