SHIN ETSU CHEM/ADR (OTCMKTS:SHECY) Sets New 12-Month High at $28.23
Shares of SHIN ETSU CHEM/ADR (OTCMKTS:SHECY) reached a new 52-week high on Friday . The stock traded as high as $28.23 and last traded at $28.00, with a volume of 6797 shares traded. The stock had previously closed at $27.76.
Several research analysts have recently weighed in on SHECY shares. ValuEngine lowered SHIN ETSU CHEM/ADR from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. Zacks Investment Research raised SHIN ETSU CHEM/ADR from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th.
The company has a 50-day moving average price of $26.74 and a two-hundred day moving average price of $24.01. The stock has a market capitalization of $47.62 billion, a P/E ratio of 17.21 and a beta of 1.36.
Shin-Etsu Chemical Co, Ltd. manufactures and sells polyvinyl chloride (PVC), semiconductor devices, silicones, and rare earth magnets worldwide. The company operates through PVC/Chlor-Alkali; Semiconductor Silicon; Silicones; Electronics and Functional Materials; Specialty Chemicals; and Processing, Trading & Specialized Services segments.
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