Shimano (OTCMKTS:SMNNY) Sees Strong Trading Volume - Here's What Happened

Key Points

• Shimano Inc. experienced a significant increase in trading volume, with 334,956 shares traded on Tuesday, marking a 47% rise from the previous day.
• The company's stock closed at $11.06, down from a previous close of $11.31, with a market cap of $9.79 billion.
• For the most recent quarter, Shimano reported a net margin of 7.53% and a revenue of $857.43 million.

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) saw strong trading volume on Tuesday . 334,956 shares were traded during trading, an increase of 47% from the previous session's volume of 228,477 shares.The stock last traded at $11.06 and had previously closed at $11.31.

Shimano Stock Performance

The business has a 50-day simple moving average of $11.18 and a 200 day simple moving average of $12.94. The firm has a market cap of $9.79 billion, a P/E ratio of 42.95 and a beta of 0.57.

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

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