Shares of Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY – Get Rating) hit a new 52-week low on Tuesday . The company traded as low as $28.40 and last traded at $28.71, with a volume of 337728 shares changing hands. The stock had previously closed at $30.17.
Separately, Mizuho raised shares of Shin-Etsu Chemical from a “neutral” rating to a “buy” rating in a research report on Monday, February 28th.
The stock has a market capitalization of $46.40 billion, a price-to-earnings ratio of 10.43 and a beta of 1.02. The business’s 50-day simple moving average is $33.99 and its two-hundred day simple moving average is $38.09.
Shin-Etsu Chemical Company Profile (OTCMKTS:SHECY)
Shin-Etsu Chemical Co, Ltd. engages in the polyvinyl chloride (PVC)/chlor-alkali, semiconductor silicon, silicones, electronics and functional materials, specialty chemicals, processing, and trading and specialized businesses worldwide. It offers PVC for use in PVC pipes, plastic greenhouses, electric wire coating materials, PVC-framed windows, and siding materials; caustic soda for use in alumina, paper and pulp, cathode materials, and super-absorbent polymers; and sodium hypochlorite.
- Get a free copy of the StockNews.com research report on Shin-Etsu Chemical (SHECY)
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