Shin-Etsu Chemical (OTCMKTS:SHECY) Sets New 52-Week High at $23.15

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) shares reached a new 52-week high on Tuesday . The stock traded as high as $23.15 and last traded at $21.93, with a volume of 544981 shares traded. The stock had previously closed at $22.21.

Shin-Etsu Chemical Price Performance

The business has a 50 day simple moving average of $20.50 and a 200-day simple moving average of $20.37. The stock has a market capitalization of $88.03 billion, a price-to-earnings ratio of 24.43 and a beta of 1.22.

Shin-Etsu Chemical (OTCMKTS:SHECY) last posted its quarterly earnings results on Friday, July 26th. The basic materials company reported $0.23 earnings per share for the quarter. Shin-Etsu Chemical had a return on equity of 11.41% and a net margin of 21.14%. The firm had revenue of $3.84 billion during the quarter. As a group, equities analysts predict that Shin-Etsu Chemical Co., Ltd. will post 0.9 earnings per share for the current year.

Shin-Etsu Chemical Company Profile

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.