Shin-Etsu Chemical (OTCMKTS:SHECY) Sets New 1-Year Low – Here’s What Happened

Shares of Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as $15.14 and last traded at $15.66, with a volume of 348332 shares traded. The stock had previously closed at $16.59.

Shin-Etsu Chemical Stock Down 5.6 %

The firm has a market cap of $62.17 billion, a P/E ratio of 18.42 and a beta of 1.24. The business’s 50 day moving average is $17.12 and its 200-day moving average is $19.15.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Free Report) last released its earnings results on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share for the quarter. Shin-Etsu Chemical had a net margin of 20.59% and a return on equity of 11.12%. As a group, equities analysts predict that Shin-Etsu Chemical Co., Ltd. will post 0.92 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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