Shin-Etsu Chemical (OTCMKTS:SHECY) Sees Large Volume Increase – Here’s Why

by · The Markets Daily

Shin-Etsu Chemical Co. (OTCMKTS:SHECY – Get Free Report) saw an uptick in trading volume on Friday . 1,180,960 shares changed hands during mid-day trading, an increase of 153% from the previous session’s volume of 466,407 shares.The stock last traded at $20.38 and had previously closed at $21.21.

Analyst Ratings Changes

Separately, Zacks Research raised Shin-Etsu Chemical to a “hold” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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Shin-Etsu Chemical Stock Performance

The company has a market capitalization of $79.84 billion, a PE ratio of 23.94 and a beta of 1.32. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.66 and a current ratio of 6.26. The stock’s fifty day simple moving average is $22.42 and its 200-day simple moving average is $20.49.

Shin-Etsu Chemical (OTCMKTS:SHECY – Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The basic materials company reported $0.22 EPS for the quarter. Shin-Etsu Chemical had a net margin of 18.50% and a return on equity of 10.67%. Shin-Etsu Chemical has set its FY 2027 guidance at 0.450-0.450 EPS. As a group, equities analysts predict that Shin-Etsu Chemical Co. will post 0.93 earnings per share for the current year.

Shin-Etsu Chemical Company Profile

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Shin-Etsu Chemical is a large Japanese chemical company that manufactures a broad range of basic and specialty chemical products for industrial and technology customers. The company is known for production of polyvinyl chloride (PVC) and related vinyl products, silicones and silicone-based compounds, and high-purity silicon materials used in semiconductor and photovoltaic industries. Its product mix spans commodity chemicals for construction and plumbing as well as higher-margin specialty materials for electronics and precision manufacturing.

Key product lines include PVC resins and compounds for infrastructure and building applications; silicones and silicone elastomers used across automotive, healthcare and consumer markets; and semiconductor-grade silicon and silicon wafers that supply chipmakers and solar-cell manufacturers.

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