Shin-Etsu Chemical (OTCMKTS:SHECY) Shares Cross Above 50-Day Moving Average – Should You Sell?

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.46 and traded as high as $16.38. Shin-Etsu Chemical shares last traded at $16.07, with a volume of 492,991 shares trading hands.

Shin-Etsu Chemical Price Performance

The firm has a market capitalization of $63.78 billion, a P/E ratio of 17.85 and a beta of 1.34. The business has a 50 day moving average price of $14.46 and a 200 day moving average price of $16.02.

Shin-Etsu Chemical (OTCMKTS:SHECY) last issued its quarterly earnings results on Friday, April 25th. The basic materials company reported $0.19 EPS for the quarter. Shin-Etsu Chemical had a return on equity of 11.27% and a net margin of 21.64%. The company had revenue of $4.14 billion for the quarter. As a group, equities analysts expect that Shin-Etsu Chemical Co., Ltd. will post 0.86 EPS for the current year.

About Shin-Etsu Chemical

Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.