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

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.37 and traded as high as $15.03. Shin-Etsu Chemical shares last traded at $14.84, with a volume of 283,206 shares traded.

Shin-Etsu Chemical Trading Down 1.2 %

The company's 50-day simple moving average is $14.37 and its 200-day simple moving average is $16.29. The stock has a market capitalization of $60.38 billion, a price-to-earnings ratio of 16.90 and a beta of 1.32.

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

About Shin-Etsu Chemical

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.