Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 140,100 shares, an increase of 1,329.6% from the May 15th total of 9,800 shares. Based on an average trading volume of 1,019,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Shimano Stock Performance
SMNNY traded down $0.49 during midday trading on Friday, reaching $14.21. The company had a trading volume of 64,538 shares, compared to its average volume of 281,123. The business has a 50-day moving average price of $14.00 and a two-hundred day moving average price of $13.89. Shimano has a 12-month low of $12.55 and a 12-month high of $19.69. The stock has a market cap of $12.46 billion, a PE ratio of 25.38 and a beta of 0.61.
Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported $0.07 EPS for the quarter. The business had revenue of $744.70 million during the quarter. Shimano had a return on equity of 9.02% and a net margin of 16.84%.
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.
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