Shin-Etsu Chemical (OTCMKTS:SHECY) Hits New 12-Month Low – Here’s What Happened

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $14.80 and last traded at $14.95, with a volume of 645838 shares traded. The stock had previously closed at $15.50.

Shin-Etsu Chemical Price Performance

The company has a market cap of $59.35 billion, a PE ratio of 18.02 and a beta of 1.23. The stock has a 50 day simple moving average of $16.97 and a two-hundred day simple moving average of $19.03.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a return on equity of 11.24% and a net margin of 21.64%. As a group, equities analysts anticipate that Shin-Etsu Chemical Co., Ltd. will post 0.86 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

(Get Free Report)

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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