Shin-Etsu Chemical (OTCMKTS:SHECY) Reaches New 12-Month Low – Should You Sell?

Shares of Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECYGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $14.02 and last traded at $14.26, with a volume of 892932 shares traded. The stock had previously closed at $14.43.

Shin-Etsu Chemical Trading Down 1.2 %

The company has a market cap of $56.61 billion, a price-to-earnings ratio of 15.84 and a beta of 1.27. The company has a fifty day moving average price of $15.36 and a two-hundred day moving average price of $17.40.

Shin-Etsu Chemical (OTCMKTS:SHECYGet Free Report) last posted its quarterly 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 21.64% and a return on equity of 11.27%. Sell-side analysts anticipate that Shin-Etsu Chemical Co., Ltd. will post 0.86 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

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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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