Nissan Chemical (OTCMKTS:NNCHY) Trading 13.7% Higher – Here’s What Happened

Shares of Nissan Chemical Co. (OTCMKTS:NNCHY) were up 13.7% on Monday . The stock traded as high as $37.38 and last traded at $37.38. Approximately 730 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 938 shares. The stock had previously closed at $32.89.

Nissan Chemical Stock Performance

The firm’s 50-day moving average price is $34.63 and its 200-day moving average price is $32.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.31 and a quick ratio of 1.40. The stock has a market cap of $5.07 billion, a P/E ratio of 18.31 and a beta of 0.07.

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.