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Shin-Etsu Chemical (OTCMKTS:SHECY) Hits New 12-Month Low - Here's Why

Shin-Etsu Chemical logo with Basic Materials background

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $14.02 and last traded at $14.26, with a volume of 892932 shares trading hands. The stock had previously closed at $14.43.

Shin-Etsu Chemical Price Performance

The business's 50-day simple moving average is $15.15 and its two-hundred day simple moving average is $17.27. The stock has a market cap of $49.47 billion, a price-to-earnings ratio of 13.84 and a beta of 1.27.

Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share for the quarter. Shin-Etsu Chemical had a return on equity of 11.27% and a net margin of 21.64%. Equities research analysts forecast that Shin-Etsu Chemical Co., Ltd. will post 0.86 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.

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