Shin-Etsu Chemical (OTCMKTS:SHECY) Shares Pass Below 200 Day Moving Average of $20.07

Shares of Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.07 and traded as low as $19.63. Shin-Etsu Chemical shares last traded at $19.99, with a volume of 491,221 shares traded.

Shin-Etsu Chemical Stock Up 1.9 %

The company has a 50-day moving average of $19.12 and a 200 day moving average of $20.07. The firm has a market capitalization of $80.03 billion, a PE ratio of 22.21 and a beta of 1.22.

Shin-Etsu Chemical (OTCMKTS:SHECY) last announced its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.17 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a return on equity of 11.96% and a net margin of 21.63%. The company had revenue of $3.99 billion for the quarter. As a group, equities analysts anticipate that Shin-Etsu Chemical Co., Ltd. will post 0.98 EPS for the current fiscal year.

About Shin-Etsu Chemical

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.