Shin-Etsu Chemical (OTCMKTS:SHECY) Shares Gap Up – Should You Buy?

Shares of Shin-Etsu Chemical Co. (OTCMKTS:SHECY) gapped up before the market opened on Thursday . The stock had previously closed at $18.4450, but opened at $19.15. Shin-Etsu Chemical shares last traded at $18.49, with a volume of 910,091 shares traded.

Shin-Etsu Chemical Stock Up 2.0%

The company has a quick ratio of 4.60, a current ratio of 6.09 and a debt-to-equity ratio of 0.05. The stock has a market cap of $74.60 billion, a PE ratio of 22.64 and a beta of 1.35. The firm has a fifty day moving average of $19.85 and a 200 day moving average of $20.88.

Shin-Etsu Chemical (OTCMKTS:SHECY) last announced its quarterly earnings results on Friday, July 24th. The basic materials company reported $0.22 EPS for the quarter. Shin-Etsu Chemical had a net margin of 18.39% and a return on equity of 10.49%. The company had revenue of $4.16 billion for the quarter. Shin-Etsu Chemical has set its FY 2027 guidance at 0.450-0.450 EPS. On average, equities research analysts anticipate that Shin-Etsu Chemical Co. will post 0.88 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

Shin-Etsu Chemical Co, Ltd. is a Japanese chemical manufacturer headquartered in Tokyo. Founded in 1926, the company develops and produces materials used in electronics, construction, automotive, healthcare and other industries. Its operations serve customers in Japan and international markets through manufacturing and sales facilities around the world.

The company’s products include semiconductor silicon wafers, photoresists and other materials used in chip manufacturing, as well as polyvinyl chloride (PVC), silicones, specialty chemicals, cellulose derivatives and rare-earth magnets.