Shimano (OTCMKTS:SMNNY) Sees Large Volume Increase – Here’s Why

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNYGet Free Report) saw unusually-high trading volume on Monday . Approximately 612,818 shares traded hands during trading, an increase of 345% from the previous session’s volume of 137,714 shares.The stock last traded at $10.83 and had previously closed at $10.49.

Shimano Price Performance

The firm has a 50-day moving average of $10.42 and a 200-day moving average of $11.47. The stock has a market cap of $9.13 billion, a PE ratio of 28.51 and a beta of 0.63.

Shimano (OTCMKTS:SMNNYGet Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.09 EPS for the quarter. Shimano had a return on equity of 5.96% and a net margin of 10.72%.The company had revenue of $770.46 million for the quarter.

About Shimano

(Get Free Report)

Shimano Inc, traded over-the-counter under the symbol SMNNY, is a Japan-based manufacturer best known for its high-performance cycling components and fishing tackle. Headquartered in Sakai, Osaka, the company operates two primary business segments: bicycle parts and fishing equipment. Within the cycling segment, Shimano produces an extensive range of drivetrains, derailleurs, shifters, brake systems, wheelsets and pedals for road, mountain and urban bicycles, catering to both professional athletes and recreational riders.

Featured Stories

Receive News & Ratings for Shimano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shimano and related companies with MarketBeat.com's FREE daily email newsletter.