Smc Corporation (OTCMKTS:SMCAY) Short Interest Update

Smc Corporation (OTCMKTS:SMCAY) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 9,592 shares, a decline of 54.0% from the April 15th total of 20,838 shares. Based on an average trading volume of 821,635 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of SMC from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

SMC Stock Performance

Shares of OTCMKTS SMCAY opened at $24.87 on Friday. The stock has a market cap of $31.77 billion, a P/E ratio of 29.61, a P/E/G ratio of 4.25 and a beta of 1.15. The firm has a 50 day moving average price of $22.03 and a 200 day moving average price of $20.21. SMC has a 52-week low of $14.31 and a 52-week high of $27.77.

SMC (OTCMKTS:SMCAY) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.02. SMC had a net margin of 19.41% and a return on equity of 7.80%. Analysts predict that SMC will post 0.85 earnings per share for the current fiscal year.

SMC Company Profile

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment. It also provides flow control equipment, speed controllers, silencers/exhaust/blow guns/pressure gauges, switches/sensors/controllers, static neutralization equipment, and industrial device communication equipment/wireless system.