Shin-Etsu Chemical (OTCMKTS:SHECY) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.68 and traded as low as $15.00. Shin-Etsu Chemical shares last traded at $15.17, with a volume of 699,335 shares traded.

Shin-Etsu Chemical Stock Performance

The stock’s 50-day simple moving average is $15.55 and its two-hundred day simple moving average is $17.67. The stock has a market cap of $59.15 billion, a price-to-earnings ratio of 16.56 and a beta of 1.27.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share for the quarter. Shin-Etsu Chemical had a return on equity of 11.27% and a net margin of 21.64%. As a group, research analysts predict that Shin-Etsu Chemical Co., Ltd. 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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