Shin-Etsu Chemical (OTCMKTS:SHECY) Reaches New 52-Week Low at $28.40

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Rating)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $28.40 and last traded at $28.71, with a volume of 337728 shares changing hands. The stock had previously closed at $30.17.

Separately, Mizuho upgraded shares of Shin-Etsu Chemical from a “neutral” rating to a “buy” rating in a research report on Monday, February 28th.

The stock has a 50 day moving average of $33.99 and a two-hundred day moving average of $38.09. The stock has a market capitalization of $46.40 billion, a PE ratio of 10.43 and a beta of 1.02.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Rating) last issued its earnings results on Wednesday, April 27th. The basic materials company reported $0.76 EPS for the quarter. Shin-Etsu Chemical had a net margin of 24.09% and a return on equity of 15.46%. The company had revenue of $5.08 billion for the quarter. Equities analysts anticipate that Shin-Etsu Chemical Co., Ltd. will post 3.48 EPS for the current year.

Shin-Etsu Chemical Company Profile (OTCMKTS:SHECY)

Shin-Etsu Chemical Co, Ltd. engages in the polyvinyl chloride (PVC)/chlor-alkali, semiconductor silicon, silicones, electronics and functional materials, specialty chemicals, processing, and trading and specialized businesses worldwide. It offers PVC for use in PVC pipes, plastic greenhouses, electric wire coating materials, PVC-framed windows, and siding materials; caustic soda for use in alumina, paper and pulp, cathode materials, and super-absorbent polymers; and sodium hypochlorite.

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