Nissan Chemical (OTCMKTS:NNCHY) Stock Price Up 10.1% – Should You Buy?

Nissan Chemical Co. (OTCMKTS:NNCHY) was up 10.1% during mid-day trading on Thursday . The stock traded as high as $33.57 and last traded at $31.61. Approximately 2,676 shares traded hands during mid-day trading, an increase of 117% from the average daily volume of 1,232 shares. The stock had previously closed at $28.71.

Nissan Chemical Stock Up 6.2 %

The company has a market capitalization of $4.62 billion, a PE ratio of 17.95 and a beta of 0.04. The stock’s 50 day moving average is $33.01 and its 200 day moving average is $32.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.70 and a current ratio of 2.97.

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.