Shares of Shin-Etsu Chemical Co. (OTCMKTS:SHECY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $16.14, but opened at $17.40. Shin-Etsu Chemical shares last traded at $17.03, with a volume of 178,158 shares trading hands.
Shin-Etsu Chemical Stock Performance
The firm has a 50-day moving average of $15.90 and a 200-day moving average of $15.35. The firm has a market capitalization of $60.63 billion, a P/E ratio of 17.35 and a beta of 1.32.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $4.35 billion during the quarter. Shin-Etsu Chemical had a return on equity of 11.14% and a net margin of 20.84%. On average, research analysts forecast that Shin-Etsu Chemical Co. will post 0.86 EPS for the current fiscal year.
About Shin-Etsu Chemical
(
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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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