Nissan Chemical (OTCMKTS:NNCHY) Stock Price Down 1% - Here's What Happened

Nissan Chemical Co. (OTCMKTS:NNCHY - Get Free Report) was down 1% during trading on Friday . The company traded as low as $35.85 and last traded at $35.85. Approximately 399 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 973 shares. The stock had previously closed at $36.23.

Nissan Chemical Stock Down 1.0 %

The firm has a 50 day moving average of $34.38 and a two-hundred day moving average of $32.77. The firm has a market capitalization of $4.94 billion, a price-to-earnings ratio of 20.03 and a beta of 0.14. The company has a quick ratio of 1.40, a current ratio of 2.31 and a debt-to-equity ratio of 0.05.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.54 EPS for the quarter. The firm had revenue of $376.47 million for the quarter. Nissan Chemical had a return on equity of 16.27% and a net margin of 16.17%.

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.