Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 26,800 shares, an increase of 1,065.2% from the December 31st total of 2,300 shares. Based on an average trading volume of 1,037,700 shares, the days-to-cover ratio is currently 0.0 days.
Shin-Etsu Chemical Stock Performance
OTCMKTS SHECY traded down $0.43 during mid-day trading on Friday, reaching $15.50. 394,941 shares of the stock were exchanged, compared to its average volume of 674,227. The company has a market capitalization of $61.53 billion, a P/E ratio of 17.22 and a beta of 1.24. The business's 50 day moving average is $16.97 and its 200-day moving average is $19.05. Shin-Etsu Chemical has a 1 year low of $15.14 and a 1 year high of $23.23.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last posted its earnings results on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a net margin of 21.64% and a return on equity of 11.24%. Equities analysts predict that Shin-Etsu Chemical will post 0.86 earnings per share for the current fiscal year.
About Shin-Etsu Chemical
(
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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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