Free Trial

Shin-Etsu Chemical (OTCMKTS:SHECY) Sees Strong Trading Volume - Time to Buy?

Shin-Etsu Chemical logo with Basic Materials background

Key Points

  • Shin-Etsu Chemical saw a significant increase in trading volume, with approximately 638,759 shares traded on Tuesday, up 20% from the prior session.
  • The company's latest earnings report showed a net margin of 19.94% and earnings per share of $0.22, exceeding analysts' expectations of $0.21.
  • Shin-Etsu Chemical has a market cap of $61.99 billion and a strong liquidity position indicated by a current ratio of 6.48.
  • Want stock alerts on Shin-Etsu Chemical? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shin-Etsu Chemical Co. (OTCMKTS:SHECY - Get Free Report) saw an uptick in trading volume on Tuesday . 638,759 shares were traded during mid-day trading, an increase of 20% from the previous session's volume of 532,673 shares.The stock last traded at $15.70 and had previously closed at $15.64.

Shin-Etsu Chemical Trading Up 0.7%

The stock has a market capitalization of $61.53 billion, a PE ratio of 17.61 and a beta of 1.33. The company has a quick ratio of 4.81, a current ratio of 6.48 and a debt-to-equity ratio of 0.06. The business's 50-day moving average is $15.59 and its two-hundred day moving average is $15.19.

Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The basic materials company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. Shin-Etsu Chemical had a net margin of 19.94% and a return on equity of 10.90%. The firm had revenue of $4.35 billion during the quarter. On average, analysts anticipate that Shin-Etsu Chemical Co. 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.

See Also

Should You Invest $1,000 in Shin-Etsu Chemical Right Now?

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

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 High Short Interest Stocks to Buy Before November
HUGE Upside Ahead: The Fastest Growing ETFs in the Market
Next Tech Boom: AI Robots Are Coming Sooner Than You Think!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines