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

Shin-Etsu Chemical Co. (OTCMKTS:SHECY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.88 and traded as low as $18.50. Shin-Etsu Chemical shares last traded at $18.61, with a volume of 322,441 shares traded.

Shin-Etsu Chemical Stock Performance

The company has a market cap of $73.48 billion, a price-to-earnings ratio of 22.30 and a beta of 1.35. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.09 and a quick ratio of 4.60. The stock has a 50-day moving average price of $19.49 and a 200 day moving average price of $20.86.

Shin-Etsu Chemical (OTCMKTS:SHECY) last released its quarterly earnings data on Friday, July 24th. The basic materials company reported $0.22 earnings per share for the quarter. Shin-Etsu Chemical had a return on equity of 10.49% and a net margin of 18.39%.The business had revenue of $4.16 billion for the quarter. Shin-Etsu Chemical has set its FY 2027 guidance at 0.450-0.450 EPS. As a group, analysts anticipate that Shin-Etsu Chemical Co. will post 0.88 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

Shin-Etsu Chemical Co, Ltd. is a Japanese chemical manufacturer headquartered in Tokyo. Founded in 1926, the company develops and produces materials used in electronics, construction, automotive, healthcare and other industries. Its operations serve customers in Japan and international markets through manufacturing and sales facilities around the world.

The company’s products include semiconductor silicon wafers, photoresists and other materials used in chip manufacturing, as well as polyvinyl chloride (PVC), silicones, specialty chemicals, cellulose derivatives and rare-earth magnets.