Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 26,800 shares, a growth of 1,065.2% from the December 15th total of 2,300 shares. Based on an average daily trading volume, of 1,037,700 shares, the days-to-cover ratio is presently 0.0 days.
Shin-Etsu Chemical Stock Performance
Shares of SHECY traded down $0.14 during mid-day trading on Monday, hitting $16.22. 592,222 shares of the company traded hands, compared to its average volume of 489,175. The stock has a market cap of $64.39 billion, a price-to-earnings ratio of 19.08 and a beta of 1.24. Shin-Etsu Chemical has a 1 year low of $15.49 and a 1 year high of $23.23. The stock has a 50-day moving average price of $17.62 and a two-hundred day moving average price of $19.45.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last posted its quarterly earnings results on Friday, October 25th. The basic materials company reported $0.24 EPS for the quarter. Shin-Etsu Chemical had a return on equity of 11.12% and a net margin of 20.59%. The company had revenue of $4.49 billion for the quarter. On average, analysts forecast that Shin-Etsu Chemical will post 0.92 EPS for the current year.
About Shin-Etsu Chemical
(
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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