Free Trial

Nissan Chemical Co. (OTCMKTS:NNCHY) Sees Large Decline in Short Interest

Nissan Chemical logo with Basic Materials background

Nissan Chemical Co. (OTCMKTS:NNCHY - Get Free Report) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 300 shares, a drop of 57.1% from the December 31st total of 700 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is currently 0.0 days.

Nissan Chemical Price Performance

OTCMKTS:NNCHY traded down $0.80 during trading hours on Tuesday, hitting $31.74. 10,836 shares of the stock were exchanged, compared to its average volume of 1,513. The company has a current ratio of 2.97, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05. The firm's fifty day moving average price is $31.94 and its 200 day moving average price is $33.03. The company has a market cap of $4.37 billion, a P/E ratio of 16.97 and a beta of 0.08. Nissan Chemical has a 52-week low of $24.00 and a 52-week high of $43.74.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last issued its earnings results on Monday, November 11th. The company reported $0.40 EPS for the quarter. The business had revenue of $399.87 million during the quarter. Nissan Chemical had a net margin of 16.28% and a return on equity of 16.84%.

About Nissan Chemical

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Nissan Chemical Right Now?

Before you consider Nissan Chemical, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nissan Chemical wasn't on the list.

While Nissan Chemical currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines