Shin-Etsu Chemical (OTCMKTS:SHECY) Shares Gap Up – What’s Next?

Shin-Etsu Chemical Co. (OTCMKTS:SHECY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $19.41, but opened at $20.42. Shin-Etsu Chemical shares last traded at $19.1830, with a volume of 39,885 shares trading hands.

Shin-Etsu Chemical Trading Down 1.5%

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 firm has a market cap of $75.91 billion, a P/E ratio of 22.23 and a beta of 1.33. The firm has a 50 day simple moving average of $17.50 and a 200 day simple moving average of $16.17.

Shin-Etsu Chemical (OTCMKTS:SHECY) last released its quarterly earnings data on Tuesday, January 27th. The basic materials company reported $0.22 EPS for the quarter. The company had revenue of $4.22 billion during the quarter. Shin-Etsu Chemical had a net margin of 18.96% and a return on equity of 10.75%. On average, equities research analysts predict that Shin-Etsu Chemical Co. will post 0.86 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

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.