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Shin-Etsu Chemical (OTCMKTS:SHECY) Stock Price Passes Below Two Hundred Day Moving Average - What's Next?

Shin-Etsu Chemical logo with Basic Materials background

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.68 and traded as low as $15.00. Shin-Etsu Chemical shares last traded at $15.17, with a volume of 699,335 shares changing hands.

Shin-Etsu Chemical Price Performance

The stock has a market cap of $59.15 billion, a P/E ratio of 16.56 and a beta of 1.27. The firm's fifty day moving average price is $15.52 and its two-hundred day moving average price is $17.59.

Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last released its quarterly earnings results 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%. On average, research analysts expect that Shin-Etsu Chemical Co., Ltd. will post 0.86 earnings per share for the current fiscal 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.

Further Reading

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