FY2020 EPS Estimates for SHIN ETSU Chem/ADR Boosted by Analyst (SHECY)

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SHIN ETSU Chem/ADR (OTCMKTS:SHECY) – Analysts at Jefferies Financial Group boosted their FY2020 EPS estimates for shares of SHIN ETSU Chem/ADR in a research note issued on Tuesday, October 30th. Jefferies Financial Group analyst Y. Azuma now expects that the basic materials company will post earnings per share of $1.71 for the year, up from their previous estimate of $1.68.

A number of other equities analysts also recently weighed in on SHECY. Zacks Investment Research downgraded shares of SHIN ETSU Chem/ADR from a “hold” rating to a “sell” rating in a report on Saturday, August 25th. ValuEngine downgraded shares of SHIN ETSU Chem/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, September 12th.

Shares of OTCMKTS:SHECY traded down $0.38 during midday trading on Thursday, reaching $20.86. The company had a trading volume of 53,914 shares, compared to its average volume of 91,838. The company has a market capitalization of $36.71 billion, a P/E ratio of 14.79 and a beta of 0.97. SHIN ETSU Chem/ADR has a 52-week low of $18.01 and a 52-week high of $30.90.

About SHIN ETSU Chem/ADR

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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