Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 43,000 shares, a growth of 1,691.7% from the September 30th total of 2,400 shares. Based on an average trading volume of 280,500 shares, the short-interest ratio is presently 0.2 days.
Shin-Etsu Chemical Trading Down 1.5 %
Shares of OTCMKTS:SHECY traded down $0.29 on Friday, reaching $18.70. The company had a trading volume of 238,042 shares, compared to its average volume of 245,485. Shin-Etsu Chemical has a 52-week low of $13.65 and a 52-week high of $23.23. The firm's 50 day simple moving average is $20.60 and its 200-day simple moving average is $20.11. The firm has a market capitalization of $74.86 billion, a PE ratio of 22.34 and a beta of 1.21.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last announced its 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 for the quarter. As a group, equities research analysts predict that Shin-Etsu Chemical will post 0.95 earnings per share for the current 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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Shin-Etsu Chemical, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shin-Etsu Chemical wasn't on the list.
While Shin-Etsu Chemical currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
