Shin-Etsu Chemical (OTCMKTS:SHECY) Hits New 12-Month Low – Here’s What Happened

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $15.69 and last traded at $16.28, with a volume of 666367 shares. The stock had previously closed at $16.49.

Shin-Etsu Chemical Trading Down 1.3 %

The firm’s fifty day moving average is $18.60 and its 200-day moving average is $19.78. The stock has a market capitalization of $65.18 billion, a P/E ratio of 19.15 and a beta of 1.22.

Shin-Etsu Chemical (OTCMKTS:SHECY) last released its earnings results on Friday, October 25th. The basic materials company reported $0.24 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a net margin of 20.59% and a return on equity of 11.12%. The company had revenue of $4.49 billion for the quarter. Equities research analysts expect that Shin-Etsu Chemical Co., Ltd. will post 0.92 EPS for the current year.

Shin-Etsu Chemical Company Profile

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.