Nissan Chemical (OTCMKTS:NNCHY) Sets New 1-Year High – Should You Buy?

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.53 and last traded at $54.53, with a volume of 117 shares traded. The stock had previously closed at $41.9260.

Nissan Chemical Stock Performance

The stock has a market capitalization of $7.35 billion, a PE ratio of 21.99 and a beta of 0.02. The stock has a fifty day moving average of $44.30 and a 200-day moving average of $40.18. The company has a quick ratio of 1.62, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.

About Nissan Chemical

(Get Free Report)

Nissan Chemical Corporation, traded over the counter in the U.S. under the ticker OTCMKTS:NNCHY, is a Japanese specialty chemical company with roots dating back to the late 19th century. Originating in 1887 as Tsurumi Chemical Works, the company was established by Jokichi Takamine following his isolation of adrenaline. Over the decades, Nissan Chemical has evolved into a diversified group that leverages its long-standing expertise in organic chemistry and materials science.

The company operates through multiple business segments, including performance materials, life science products and agrochemicals.

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