Shin-Etsu Chemical (OTCMKTS:SHECY) Stock Crosses Below 50-Day Moving Average of $30.34

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Rating) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $30.34 and traded as low as $27.15. Shin-Etsu Chemical shares last traded at $27.21, with a volume of 119,435 shares changing hands.

Shin-Etsu Chemical Price Performance

The stock has a market cap of $45.27 billion, a P/E ratio of 9.07 and a beta of 1.14. The company has a fifty day moving average price of $30.27 and a 200 day moving average price of $32.81.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Rating) last released its quarterly earnings data on Wednesday, July 27th. The basic materials company reported $0.86 EPS for the quarter. The firm had revenue of $5.07 billion during the quarter. Shin-Etsu Chemical had a return on equity of 17.39% and a net margin of 25.53%. As a group, sell-side analysts expect that Shin-Etsu Chemical Co., Ltd. will post 3.46 earnings per share for the current fiscal year.

Shin-Etsu Chemical Company Profile

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Shin-Etsu Chemical Co, Ltd. engages in the polyvinyl chloride (PVC)/chlor-alkali, semiconductor silicon, silicones, electronics and functional materials, specialty chemicals, processing, and trading and specialized businesses worldwide. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.

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