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Shin-Etsu Chemical (OTCMKTS:SHECY) Share Price Crosses Above 50 Day Moving Average - Should You Sell?

Shin-Etsu Chemical logo with Basic Materials background

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.80 and traded as high as $16.40. Shin-Etsu Chemical shares last traded at $15.65, with a volume of 308,056 shares changing hands.

Shin-Etsu Chemical Trading Down 1.8%

The business's 50 day moving average price is $14.80 and its two-hundred day moving average price is $15.72. The company has a market capitalization of $62.13 billion, a price-to-earnings ratio of 17.39 and a beta of 1.34.

Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last posted its earnings results on Friday, April 25th. The basic materials company reported $0.19 EPS for the quarter. Shin-Etsu Chemical had a net margin of 21.64% and a return on equity of 11.27%. The business had revenue of $4.14 billion for the quarter. Analysts expect that Shin-Etsu Chemical Co., Ltd. will post 0.86 EPS 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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