Shin-Etsu Chemical Co. (OTCMKTS:SHECY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $15.90 and traded as high as $17.40. Shin-Etsu Chemical shares last traded at $16.89, with a volume of 339,248 shares changing hands.
Shin-Etsu Chemical Price Performance
The stock has a market cap of $59.43 billion, a price-to-earnings ratio of 17.01 and a beta of 1.32. The company's fifty day simple moving average is $15.89 and its two-hundred day simple moving average is $15.33.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The basic materials company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. Shin-Etsu Chemical had a return on equity of 10.77% and a net margin of 19.94%. The company had revenue of $4.35 billion during the quarter. On average, analysts forecast that Shin-Etsu Chemical Co. will post 0.86 earnings per share for the current 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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