SHIN ETSU CHEM/ADR (OTCMKTS:SHECY) Releases FY 2020 Earnings Guidance
SHIN ETSU CHEM/ADR (OTCMKTS:SHECY) issued an update on its FY 2020 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $7.02-7.02 for the period. The company issued revenue guidance of $14.415-14.415 billion.
SHIN ETSU CHEM/ADR stock remained flat at $$25.40 during trading on Friday. The company had a trading volume of 54,364 shares, compared to its average volume of 305,023. The company has a market cap of $43.44 billion, a PE ratio of 18.01 and a beta of 1.27. The company has a fifty day moving average of $22.67. SHIN ETSU CHEM/ADR has a 52-week low of $18.01 and a 52-week high of $25.76.
Several equities analysts recently commented on SHECY shares. Zacks Investment Research upgraded First Industrial Realty Trust from a hold rating to a buy rating and set a $39.00 target price for the company in a research note on Wednesday, June 5th. ValuEngine lowered Welbilt from a hold rating to a sell rating in a research note on Wednesday, June 12th.
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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