Shimano (OTCMKTS:SMNNY) Sees Large Volume Increase - What's Next?

Key Points

• Shimano Inc. experienced an increase in trading volume with approximately 233,975 shares changing hands, slightly up from the previous day's volume.
• The company's latest earnings report showed a loss of ($0.05) EPS for the quarter, with a revenue of $857.43 million.
• Shimano has set its fiscal year 2025 EPS guidance at 2.410.

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 233,975 shares traded hands during mid-day trading, an increase of 0% from the previous session's volume of 233,073 shares.The stock last traded at $11.62 and had previously closed at $11.71.

Shimano Stock Performance

The firm has a market cap of $10.18 billion, a P/E ratio of 44.66 and a beta of 0.57. The business's 50-day simple moving average is $11.22 and its 200 day simple moving average is $12.87.

Shimano (OTCMKTS:SMNNY - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported ($0.05) EPS for the quarter. Shimano had a return on equity of 4.23% and a net margin of 7.53%.The company had revenue of $857.43 million during the quarter. Shimano has set its FY 2025 guidance at 2.410-2.410 EPS.

Shimano Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.