Shimano (OTCMKTS:SMNNY) Hits New 1-Year Low – Here’s What Happened

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNYGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as $9.67 and last traded at $9.97, with a volume of 110135 shares changing hands. The stock had previously closed at $10.35.

Shimano Price Performance

The company’s 50-day moving average price is $10.99 and its 200-day moving average price is $12.34. The company has a market cap of $8.66 billion, a P/E ratio of 26.68 and a beta of 0.62.

Shimano (OTCMKTS:SMNNYGet Free Report) last announced its earnings results on Tuesday, October 28th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $770.46 million during the quarter. Shimano had a net margin of 10.72% and a return on equity of 5.93%.

About Shimano

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Shimano Inc develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. Shimano Inc was founded in 1921 and is headquartered in Sakai, Japan.

Further Reading

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