Shin-Etsu Chemical (OTCMKTS:SHECY – Get Free Report) posted its earnings results on Tuesday. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, Zacks reports. Shin-Etsu Chemical had a net margin of 18.39% and a return on equity of 10.49%.
Shin-Etsu Chemical Stock Performance
OTCMKTS SHECY opened at $18.37 on Tuesday. The stock has a 50-day simple moving average of $18.88 and a two-hundred day simple moving average of $19.99. The firm has a market capitalization of $72.93 billion, a P/E ratio of 22.13 and a beta of 1.39. Shin-Etsu Chemical has a fifty-two week low of $13.64 and a fifty-two week high of $24.74. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.60 and a current ratio of 6.09.
About Shin-Etsu Chemical
Shin-Etsu Chemical Co, Ltd. is a Japanese chemical company that develops and manufactures advanced materials and specialty chemicals for industrial and technology markets. Its products are used in areas including semiconductors, electronics, construction, automotive manufacturing, healthcare, and personal care.
The company’s principal businesses include semiconductor silicon wafers, photoresists and other semiconductor-related materials, polyvinyl chloride and chlor-alkali products, silicones, rare earth magnets, synthetic quartz, cellulose derivatives, and specialty chemicals.
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