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Shin-Etsu Chemical (OTCMKTS:SHECY) Stock Price Crosses Below Fifty Day Moving Average - Here's What Happened

Shin-Etsu Chemical logo with Basic Materials background

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $19.94 and traded as low as $18.10. Shin-Etsu Chemical shares last traded at $18.79, with a volume of 254,163 shares.

Shin-Etsu Chemical Stock Performance

The firm has a market cap of $73.78 billion, a PE ratio of 22.11 and a beta of 1.23. The firm's 50-day moving average price is $19.87 and its two-hundred day moving average price is $19.96.

Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last announced its earnings results on Friday, October 25th. The basic materials company reported $0.24 EPS for the quarter. The business had revenue of $4.49 billion for the quarter. Shin-Etsu Chemical had a net margin of 20.59% and a return on equity of 11.41%. As a group, sell-side analysts predict that Shin-Etsu Chemical Co., Ltd. will post 0.92 earnings per share for the current fiscal 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.

Further Reading

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