Nissan Chemical (OTCMKTS:NNCHY) Announces Quarterly Earnings Results

Nissan Chemical (OTCMKTS:NNCHY) posted its 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 Stock Down 12.8 %

Shares of NNCHY stock opened at $27.75 on Friday. The stock’s 50 day simple moving average is $31.51 and its 200 day simple moving average is $32.96. Nissan Chemical has a twelve month low of $24.00 and a twelve month high of $43.74. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.70 and a current ratio of 2.97. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 15.00 and a beta of 0.08.

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.