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Shimano (OTCMKTS:SMNNY) Reaches New 1-Year Low - What's Next?

Shimano logo with Consumer Discretionary background

Key Points

  • Shimano Inc. shares hit a new 52-week low of $10.90 during trading, closing at $11.13.
  • The company reported a loss of $0.05 earnings per share for the last quarter with a revenue of $857.43 million.
  • Shimano Inc. has a market capitalization of $9.76 billion and a PE ratio of 42.81.
  • Want stock alerts on Shimano? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $10.90 and last traded at $11.13, with a volume of 227997 shares trading hands. The stock had previously closed at $11.03.

Shimano Stock Performance

The firm has a fifty day moving average of $13.72 and a 200 day moving average of $13.87. The firm has a market capitalization of $9.91 billion, a PE ratio of 43.46 and a beta of 0.56.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.05) earnings per share (EPS) for the quarter. Shimano had a net margin of 7.53% and a return on equity of 4.23%. The firm had revenue of $857.43 million during the quarter.

About Shimano

(Get Free Report)

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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