Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 75,200 shares, a growth of 23.3% from the January 15th total of 61,000 shares. Based on an average daily volume of 1,728,100 shares, the days-to-cover ratio is currently 0.0 days.
Shin-Etsu Chemical Trading Up 1.0 %
Shares of OTCMKTS SHECY traded up $0.15 during midday trading on Wednesday, hitting $15.23. 471,448 shares of the company's stock were exchanged, compared to its average volume of 763,276. Shin-Etsu Chemical has a 12-month low of $14.55 and a 12-month high of $23.23. The company has a market cap of $60.46 billion, a price-to-earnings ratio of 16.92 and a beta of 1.23. The business's fifty day moving average price is $16.24 and its two-hundred day moving average price is $18.55.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last issued its quarterly earnings data 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%. Equities analysts expect that Shin-Etsu Chemical will post 0.86 earnings per share for the current fiscal 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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