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
Before you consider Shin-Etsu Chemical, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shin-Etsu Chemical wasn't on the list.
While Shin-Etsu Chemical currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.