Shin-Etsu Chemical (OTCMKTS:SHECY) Shares Pass Above 50-Day Moving Average of $19.35

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $19.35 and traded as high as $19.85. Shin-Etsu Chemical shares last traded at $19.35, with a volume of 398,941 shares traded.

Shin-Etsu Chemical Stock Performance

The stock has a 50-day moving average of $19.35 and a 200-day moving average of $19.95. The firm has a market cap of $77.45 billion, a price-to-earnings ratio of 21.49 and a beta of 1.23.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The basic materials company reported $0.17 EPS for the quarter. The business had revenue of $3.99 billion for the quarter. Shin-Etsu Chemical had a net margin of 21.63% and a return on equity of 11.96%. Sell-side analysts predict that Shin-Etsu Chemical Co., Ltd. will post 1.03 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

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Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.

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