NISSAN CHEM IND/ADR (OTCMKTS:NNCHY) Rating Lowered to Sell at Zacks Investment Research

NISSAN CHEM IND/ADR (OTCMKTS:NNCHY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Saturday, reports.

According to Zacks, “Nissan Chemical Corporation is a chemical manufacturing company. It offers melamine, sulfuric acid, nitric acid and ammonia; fine chemicals, including special epoxy, flame retardant and disinfectant. Nissan Chemical Corporation, formerly known as Nissan Chemical Industries Ltd., is based in Tokyo, Japan. “

Separately, Jefferies Financial Group downgraded NISSAN CHEM IND/ADR from a “hold” rating to an “underperform” rating in a research report on Tuesday, March 5th.

NISSAN CHEM IND/ADR stock opened at $45.19 on Friday. The company has a current ratio of 3.10, a quick ratio of 1.90 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 25.39, a P/E/G ratio of 2.26 and a beta of 0.47. The business has a fifty day simple moving average of $42.62. NISSAN CHEM IND/ADR has a 52 week low of $41.85 and a 52 week high of $54.81.

NISSAN CHEM IND/ADR (OTCMKTS:NNCHY) last released its earnings results on Wednesday, May 15th. The company reported $0.64 earnings per share for the quarter. The firm had revenue of $572.13 million for the quarter. As a group, equities analysts forecast that NISSAN CHEM IND/ADR will post 2 EPS for the current year.


Nissan Chemical Corporation engages in chemicals, performance materials, agricultural chemicals, pharmaceuticals, and advanced materials and planning businesses in Japan and internationally. Its chemical products include MELAMINE, an adhesive agent; high purity chemicals; AdBlue, a urea solution; FINEOXOCOL, a saturated fatty alcohol and acid; ammonia, sulfuric, and nitric acid; TEPIC, an epoxy compound; Melamine Cyanurate, a flame retardant; Nissan Reishi, a health food; phenylphosphonic acid, a surface modifier; HI-LITE, a chlorinated isocyanulate; and OPTBEADS, a melamine-formaldehyde resin and silica.

See Also: Earnings Per Share (EPS) Explained

Get a free copy of the Zacks research report on NISSAN CHEM IND/ADR (NNCHY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for NISSAN CHEM IND/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NISSAN CHEM IND/ADR and related companies with's FREE daily email newsletter.