Shin-Etsu Chemical (OTCMKTS:SHECY – Get Free Report) posted its quarterly earnings results on Friday. The basic materials company reported $0.22 earnings per share for the quarter, Zacks reports. Shin-Etsu Chemical had a return on equity of 10.67% and a net margin of 18.50%. Shin-Etsu Chemical updated its FY 2027 guidance to 0.450-0.450 EPS.
Shin-Etsu Chemical Stock Performance
OTCMKTS:SHECY traded down $1.11 during mid-day trading on Friday, reaching $20.09. 1,343,388 shares of the company’s stock were exchanged, compared to its average volume of 473,234. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.66 and a current ratio of 6.26. The firm has a market capitalization of $79.78 billion, a PE ratio of 23.92 and a beta of 1.32. Shin-Etsu Chemical has a one year low of $13.64 and a one year high of $24.74. The business’s fifty day simple moving average is $22.42 and its two-hundred day simple moving average is $20.49.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Shin-Etsu Chemical to a “hold” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Shin-Etsu Chemical has an average rating of “Hold”.
About Shin-Etsu Chemical
Shin-Etsu Chemical is a large Japanese chemical company that manufactures a broad range of basic and specialty chemical products for industrial and technology customers. The company is known for production of polyvinyl chloride (PVC) and related vinyl products, silicones and silicone-based compounds, and high-purity silicon materials used in semiconductor and photovoltaic industries. Its product mix spans commodity chemicals for construction and plumbing as well as higher-margin specialty materials for electronics and precision manufacturing.
Key product lines include PVC resins and compounds for infrastructure and building applications; silicones and silicone elastomers used across automotive, healthcare and consumer markets; and semiconductor-grade silicon and silicon wafers that supply chipmakers and solar-cell manufacturers.
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