Shin-Etsu Chemical (OTCMKTS:SHECY) Sets New 52-Week Low – What’s Next?

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $14.02 and last traded at $14.26, with a volume of 892932 shares. The stock had previously closed at $14.43.

Shin-Etsu Chemical Stock Down 0.4 %

The firm has a market capitalization of $56.18 billion, a price-to-earnings ratio of 15.72 and a beta of 1.27. The company’s 50 day moving average price is $15.26 and its 200 day moving average price is $17.31.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The basic materials company reported $0.22 EPS for the quarter. Shin-Etsu Chemical had a return on equity of 11.27% and a net margin of 21.64%. As a group, analysts expect that Shin-Etsu Chemical Co., Ltd. will post 0.86 earnings per share for the current 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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