Nissan Chemical (OTCMKTS:NNCHY) Releases Earnings Results

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.54 earnings per share for the quarter, Zacks reports. Nissan Chemical had a return on equity of 16.84% and a net margin of 16.28%.

Nissan Chemical Price Performance

Shares of OTCMKTS NNCHY traded down $0.13 during midday trading on Tuesday, hitting $27.62. 4,729 shares of the company's stock were exchanged, compared to its average volume of 2,107. Nissan Chemical has a 12-month low of $24.00 and a 12-month high of $43.74. 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 company has a market cap of $3.81 billion, a price-to-earnings ratio of 14.77 and a beta of 0.08. The business's fifty day moving average price is $31.39 and its two-hundred day moving average price is $32.98.

About Nissan Chemical

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.