Nissan Chemical (OTCMKTS:NNCHY) Stock Price Up 10.1% – Here’s Why

Nissan Chemical Co. (OTCMKTS:NNCHY) was up 10.1% during mid-day trading on Thursday . The stock traded as high as $33.57 and last traded at $31.61. Approximately 2,676 shares changed hands during trading, an increase of 117% from the average daily volume of 1,232 shares. The stock had previously closed at $28.71.

Nissan Chemical Trading Up 6.2 %

The stock has a market capitalization of $4.62 billion, a P/E ratio of 17.95 and a beta of 0.04. The firm’s 50 day simple moving average is $33.01 and its two-hundred day simple moving average is $32.90. The company has a quick ratio of 1.70, a current ratio of 2.97 and a debt-to-equity ratio of 0.05.

Nissan Chemical Company Profile

Nissan Chemical Corporation engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally. The company provides high purity chemicals; AdBlue, an urea solution; ammonia, sulfuric, and nitric acid, as well as concrete and civil engineering-related products; TEPIC, an epoxy compound; Melamine Cyanurate, a salt of melamine and iso cyanuric acid; TEPIC-VL, a liquid epoxy compound; TEPIC-FL, a liquid epoxy material; FOLDI-E101, an epoxy reactive diluent; Ecopromote, a nucleating agents for PLA; Nissan Reishi, a health food; phenylphosphonic acid; HI-LITE, a chlorinated isocyanulate; OPTBEADS, a melamine-formaldehyde resin and silica; and FINEOXOCOL, a saturated fatty alcohol and acid.