Shin-Etsu Chemical (OTCMKTS:SHECY – Get Free Report) issued its earnings results on Tuesday. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, Zacks reports. Shin-Etsu Chemical had a return on equity of 10.49% and a net margin of 18.39%.
Shin-Etsu Chemical Trading Down 0.4%
Shares of OTCMKTS:SHECY opened at $18.37 on Tuesday. The company has a quick ratio of 4.60, a current ratio of 6.09 and a debt-to-equity ratio of 0.05. Shin-Etsu Chemical has a 52-week low of $13.64 and a 52-week high of $24.74. The stock has a market cap of $72.93 billion, a price-to-earnings ratio of 22.13 and a beta of 1.39. The business has a 50-day moving average price of $18.88 and a 200-day moving average price of $19.99.
About Shin-Etsu Chemical
Shin-Etsu Chemical Co, Ltd. is a Japanese chemical company that develops and manufactures advanced materials and specialty chemicals for industrial and technology markets. Its products are used in areas including semiconductors, electronics, construction, automotive manufacturing, healthcare, and personal care.
The company’s principal businesses include semiconductor silicon wafers, photoresists and other semiconductor-related materials, polyvinyl chloride and chlor-alkali products, silicones, rare earth magnets, synthetic quartz, cellulose derivatives, and specialty chemicals.
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