Nissan Chemical (OTCMKTS:NNCHY) Announces Earnings Results

Nissan Chemical (OTCMKTS:NNCHY) released its quarterly earnings results on Monday. The company reported $0.43 earnings per share for the quarter, Zacks reports. Nissan Chemical had a net margin of 17.93% and a return on equity of 20.77%. The business had revenue of $419.70 million for the quarter.

Nissan Chemical Stock Performance

Nissan Chemical stock opened at $57.12 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.92 and a current ratio of 2.96. Nissan Chemical has a 52 week low of $31.68 and a 52 week high of $58.96. The business’s 50-day simple moving average is $54.70 and its 200-day simple moving average is $46.83. The firm has a market capitalization of $7.70 billion and a PE ratio of 22.49.

Nissan Chemical Company Profile

Nissan Chemical Corporation is a Japan-based chemical company with roots dating to 1887, when it was established as Tokyo Artificial Fertilizer Company. The company later became known as Nissan Chemical Industries before adopting its current name in 2018. The company develops and manufactures products across several businesses, including industrial chemicals, performance materials, agricultural chemicals and healthcare. Its offerings include materials used in semiconductor and display manufacturing, as well as crop-protection products such as pesticides and herbicides.