Shares of SHIN ETSU CHEM/ADR (OTCMKTS:SHECY) were down 1.3% during mid-day trading on Monday . The stock traded as low as $26.37 and last traded at $27.22, approximately 58,684 shares traded hands during trading. An increase of 31% from the average daily volume of 44,840 shares. The stock had previously closed at $27.59.
Several equities research analysts recently issued reports on SHECY shares. ValuEngine raised SHIN ETSU CHEM/ADR from a “strong sell” rating to a “sell” rating in a research report on Friday, November 8th. Zacks Investment Research lowered SHIN ETSU CHEM/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, December 19th.
The company has a 50-day simple moving average of $27.45 and a two-hundred day simple moving average of $26.29. The stock has a market capitalization of $46.90 billion, a price-to-earnings ratio of 17.19 and a beta of 1.33.
About SHIN ETSU CHEM/ADR (OTCMKTS:SHECY)
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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