Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY – Get Free Report) saw strong trading volume on Tuesday. Approximately 300,923 shares were traded during mid-day trading, an increase of 142% from the average daily volume of 124,311 shares. The stock last traded at $13.69 and had previously closed at $13.90.
Shimano Stock Performance
The business has a 50 day simple moving average of $11.88 and a 200-day simple moving average of $11.19. The firm has a market cap of $11.85 billion, a price-to-earnings ratio of 32.60 and a beta of 0.56.
Shimano (OTCMKTS:SMNNY – Get Free Report) last posted its earnings results on Tuesday, October 27th. The company reported $0.10 earnings per share for the quarter. The company had revenue of $805.54 million for the quarter. Shimano had a return on equity of 5.22% and a net margin of 11.83%.
About Shimano
Shimano Inc. is a Japanese manufacturer of cycling components and fishing equipment. Founded in 1921 in Sakai, Japan, the company began by making bicycle freewheels and has since grown into a global supplier to the cycling and outdoor recreation industries. Its bicycle products include drivetrain components, brakes, wheels, pedals, and related gear used on road, mountain, and other types of bicycles. Shimano also makes fishing reels, rods, and other tackle for recreational anglers. Headquartered in Sakai, Shimano serves customers and business partners around the world.
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